Austria: Weak Growth Impulses

Politics ♦ Published: September 10, 2013; 11:28 ♦ (Vindobona)

Today, the Austrian Institute for Economic Research (Wifo) has corrected the economic outlooks for Austria downwards. Growth impulses have been very weak so far.

Austria: Weak Growth Impulses / Picture: ©

While the economy outside of Europe sees different developments, there are more and more signs of recession within the European Union.

According to corporate surveys and the Wifo early indicator by order of the EU Commission, it becomes clear that there are improvements in regard to the expectations of the business situation in the near future. The current developments are…