Southeastern Europe as a Region of Hope for Austria

BusinessEconomy ♦ Published: April 2, 2011; 06:50 ♦ (Vindobona)

Great interest of Austrian companies at the Austria Foreign Trade Forum on Export and Investment Opportunities in Southeastern Europe

Southeastern Europe as a Region of Hope for Austria / Picture: © Vindobona.org

Southeastern Europe is on the way to overcoming the effects of the financial and economic crisis. "The debt of this country group is much lower compared to several other European countries. The lower pay levels and generally low taxes, as well as the enormous backlog, makes Southeastern Europe appear as attractive in the future for investments”, said George Krauchenberg, Regional…