Business - Economy

Half of Austrians Consider the Country Stuck in Recession

Published: November 12, 2013; 16:45 · (Vindobona)

According to an online survey, the Austrians are confident and not concerned by the most recent recession in the Eurozone. With a total of 87 index points consumer’s confidence remained stable in the third quarter of 2013.

Half of Austrians Consider the Country Stuck in Recession / Picture: © Vindobona.org

According to market research institute Nielsen, the Austrian consumer’s confidence is well above the European average, which comes at 74 points. The economic situation is even regarded more favorable than in the last quarter this year since there are 49 percent consider the country to remain in recession while three months ago it was 57 percent.

According to the survey, the…

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Half of Austrians Consider the Country Stuck in Recession

According to an online survey, the Austrians are confident and not concerned by the most recent recession in the Eurozone. With a total of 87 index points consumer’s confidence remained stable in the third quarter of 2013.

Join us to succeed in Vienna!
Sign up to read articles for free and to get personalized updates on the events that interest you.