Politics

Study on „Economic Freedom“: Austria Falls

Published: January 13, 2012; 13:57 · (Vindobona)

In the global ranking of the U.S. “Heritage foundation”, Austria only occupies rank 28. The government would not introduce enough reforms, bureaucracy would be too high.

Study on „Economic Freedom“: Austria Falls / Picture: © Flickr

Although Austria is still one of those few countries holding an “AAA” rating, a study on economic freedom shows that Austria´s backlog became larger last year. In 2010, Austria occupied rank 21 and now fell to rank 28. According to the liberal U.S. think-tank “Heritage Foundation”, the Austrian economy suffers a high public budget deficit and a lack in economic reforms. As a…

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Study on „Economic Freedom“: Austria Falls

In the global ranking of the U.S. “Heritage foundation”, Austria only occupies rank 28. The government would not introduce enough reforms, bureaucracy would be too high.

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