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Reforms: Weak Performance of Austrian Government
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The Brussels-based think-tank “The Lisbon Council” and German Berenberg Bank underline that Austria´s economic situation is still favorable. However, the implementation of reforms slackens.
Reforms: Weak Performance of Austrian Government / Picture: © Vindobona.org
According to the report, Austria is less dynamic than Germany. Economic reform steps are not sufficient and not ambitious enough, The Lisbon Council and Berenberg Bank criticize.
Austria´s strengths would be the “relatively comfortable budgetary situation”, the current account surplus and the high employment rate. However, the public debt level of Austria is growing…
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