Cautious Optimism at Young Entrepreneurs

BusinessEconomy ♦ Published: January 3, 2012; 20:08 ♦ (Vindobona)

In spite of the pessimistic economic outlook, Austrian young entrepreneurs feel to be well prepared.

Cautious Optimism at Young Entrepreneurs / Picture: © Vindobona.org

“Austrian young entrepreneurs see worsening economic framework conditions. 70% of the interviewees expect a new economic crisis in 2012. The athmosphere is significantly worse than six months ago.”, Markus Rot of the Austrian Young Economy states.

Nevertheless, domestic young entrepreneurs seem to be cautiously optimistic. 26% expect improvements in their own revenue…