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Austrian SME Become More Cautious
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Due to the weak economy, the euro-crisis, the decrease in public expenses and equity requirements, small and medium-sized enterprises are more reluctant for investments.
Austrian SME Become More Cautious / Picture: © Vindobona.org
After an optimistic start at the beginning of 2011, the outlook for Austrian SME has worsened significantly. About 40% of the Austrian enterprises consider to reduce, delay or even cancel their planned investments. Peter Vorhofer (SME Research Austria) says: “The main question is, which actions the government plans. New taxes and austerity measures are being discussed often.…
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