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Austria exceeds the Maastricht GDP reference value by 0.5%
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: © Vindobona.org
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…
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