Competitiveness: Austria Among Top Five

BusinessEconomy ♦ Published: April 6, 2012; 10:35 ♦ (Vindobona)

Concerning its competitiveness, Austria ranks fifth among the 27 EU members.

Competitiveness: Austria Among Top Five / Picture: ©

300 top executives of multinational companies were asked about the attractiveness of different business locations. The pressure from China is growing, the US continues to lose competitiveness and Europe is substantially better than it is expected.

Despite the debt crisis, 71% of the top executives think that Europe will not lose its importance. By contrast, 24% believe that…