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Austrian Economy: IHS and WIFO Cautiously Optimistic
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The two Austrian economic research institutes anticipate an economic recovery in the second half of 2013.

WIFO´s director Karl Aiginger expects that the overall economic situation in Austria will improve in the course of next year. The estimated GDP growth is 1.0%. In 2014, WIFO forecasts an economic growth rate of 1.8%. Aiginger argues that the leading indicators signal an end of the downward trend. Moreover, the situation of the financial markets has stabilized, Aiginger says.…
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