Business - Economy

Austrian SME Become More Cautious

Published: December 27, 2011; 18:30 · (Vindobona)

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: © Flickr

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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Austrian SME Become More Cautious

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.

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Sign up to read articles for free and to get personalized updates on the events that interest you.