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Bank Austria sees euro zone as main risk for growth

Published: June 28, 2010; 00:00 · (Vindobona)

Institute raises forecast for 2010 slightly to 3.1 percent

Bank Austria sees euro zone as main risk for growth / Picture: © Uni Credit Group Bank Austria

Central and Eastern Europe (CEE) has, according to Bank Austria, so far survived the financial crisis quite well. The UniCredit subsidiary who is in charge for local business excluding Poland, has increased its forecast of economic growth in the region for this year by 0.3 percentage points to 3.1 percent.

As a main risk for the growth of the region, the bank quotes the main…

This article includes a total of 172 words.

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