Economic Growth: Austria Slightly Above EU Average

PoliticsBrussels ♦ Published: August 8, 2019; 10:09 ♦ (Vindobona)

The Austrian economy is likely to grow by 1.5% in 2019. 1.2% growth is expected for the euro zone and 1.4% for the EU as a whole.

Economic Growth: Austria Slightly Above EU Average / Picture: © Europäische Kommission 2019

In the summer forecast published by the European Commission, 1.2% growth is expected for the euro zone and 1.4% for the EU as a whole.

The short-term outlook for the European economy is overshadowed by external factors such as global trade tensions and considerable political uncertainty.

The European economy is set for its seventh…

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