Business - Economy

Austrian Balance of Current Accounts Positive

Published: January 9, 2012; 13:45 · (Vindobona)

In the first three quarters of 2011, the Austrian economy achieved a strong performance. The balance of current accounts was significantly positive.

Austrian Balance of Current Accounts Positive / Picture: © Flickr

Due to the overall positive development in the first three quarters of 2011, the Austrian achieved a surplus in the balance of current accounts of € 4.5bn. However, the third quarter already showed a zero balance. This can be seen as trend reversal, as the economic growth declined since summer 2011.

In the first three quarters, Austria´s exports rose by 14% against the…

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Austrian Balance of Current Accounts Positive

In the first three quarters of 2011, the Austrian economy achieved a strong performance. The balance of current accounts was significantly positive.

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