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Economic Balance: EU Warns Austria
The Commission of the EU issues an early warning for Austria as the thresholds of three macro-economic indicators were exceeded.
Economic Balance: EU Warns Austria / Picture: © Vindobona.org
Austria´s economy begins to lose its economic balance. According to a report of the European Union, Austria exceeded the threshold of three economic indicators.
First, Austria´s world market share is declining. Second, the private sector´s indebtendess grows. And third, the public debt quota is stil rising. Nevertheless, the Commission did not enter the second phase of the…
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