Austrian Purchasing Power Abroad Shrinks

BusinessEconomy ♦ Published: December 28, 2012; 18:45 ♦ (Vindobona)

For Austrians, Hungary and Croatia still leading the list of top destinations. The Holiday euro is worth slightly more in many Eurozone countries than in Austria.

Austrian Purchasing Power Abroad Shrinks / Picture: ©

There is no definitive trend in the value of the holiday euro for Austrians in the winter of 2012. "On average, the holiday euro is worth somewhat less in the winter of 2012 than it was one year ago because several currencies of popular holiday destinations have appreciated slightly – but there are also exceptions such as Japan and Brazil," said Stefan Bruckbauer, Bank Austria’s…