Austria´s Economic Situation Is „Unfavorable“

BusinessEconomy ♦ Published: February 6, 2013; 18:55 ♦ (Vindobona)

Today, the German economic research institute ifo has published a report on the economic outlook in the Eurozone.

Austria´s Economic Situation Is „Unfavorable“ / Picture: ©

According to ifo, only the economic development in Estonia and Germany is satisfying. In total, the economic performance of the Eurozone remains weak, ifo reports. Above all, the economic outlook for Italy, Spain, Portugal, Cyprus and Greece is very gloomy. In France, Ireland, Luxembourg and Belgium, the situation has improved only slightly. In Austria and Finland, the development is…