Economic Growth Forecast: 0.7% in 2012

BusinessEconomy ♦ Published: February 23, 2012; 19:29 ♦ (Vindobona)

The EU-Commission sees an economic growth of 0.7% for Austria in 2012. Austria is in the middle-field among the EU member states.

Economic Growth Forecast: 0.7% in 2012 / Picture: © Vindobona.org

In its economic forecast for 2012, the Commission of the EU expects economic growth in Austria to reach 0.7%. Among the 27 EU member states, Austria ranks eleventh. Compared to the last forecast in autumn 2011, anticipated economic growth declined again. Then, the Commission forecasted economic growth in Austria to total 0.9%.

In the middle of 2012, the economy is expected to…