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Austria exceeds the Maastricht GDP reference value by 0.5%

Published: September 30, 2010; 15:32 · (Vindobona)

Public Finances 2009: Public deficit increases to 3.5% due to the economic and financial crisis.

Austria exceeds the Maastricht GDP reference value by 0.5% / Picture: © Flickr

In 2009 public finances in Austria were strongly affected by the economic and financial crisis.

Statistics Austria reports a decrease of revenues and an increase in expenditure.

The most recent data of the public households for the year 2009 show a high increase of the Maastricht deficit in the federal, state and local government sectors. The public Maastricht…

This article includes a total of 92 words.

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