Austrian Growth Above EU Average

Business › Economy ♦ Published: September 6, 2012; 16:26 ♦ (Vindobona)

Unlike the Eurozone, Austria faces no recession. In the Eurozone, GDP was down by 0.2%.

Austrian Growth Above EU Average / Picture: © Vindobona.org

GDP decreased by 0.2% in the euro area1 (EA17) and by 0.1% in the EU271 during the second quarter of 2012, compared with the previous quarter, according to second estimates released by Eurostat, the statistical office of the European Union. In the first quarter of 2012, growth rates were 0.0% in both…

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