Economic Balance: EU Warns Austria

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…