„Austria Grows Stronger than Expected“

BusinessEconomy ♦ Published: December 13, 2012; 22:11 ♦ (Vindobona)

According to the economic research institute Synthesis, Austria´s economic growth is higher than WIFO and IHS say. The employment situation would be too good.

„Austria Grows Stronger than Expected“ / Picture: © Wikimedia Commons [CC0 1.0] / Pixabay [CC0 Creative Commons]

The number of employees grew by 46,000 in the last twelve months, Wolfgang Alteneder, director of Synthesis says in an interview with the Austria news magazine “Standard”. “Nevertheless, IHS and WIFO only anticipate a growth rate of 0.6% this year.“ he argues. Alteneder thinks that Austria´s economic growth will come at 1.7% in 2012. Next year, IHS and WIFO will have to revise…