Sponsored Content
Economic Growth Is Based on Households and Exports
In 2010, Austrian economic output grew stronger than the Eurozone average. GDP amounted to € 284bn.
Economic Growth Is Based on Households and Exports / Picture: © Vindobona.org
The main drivers for Austria’s economic growth were higher consumption expenditures of the households and the recovering exports. Despite a declining savings ratio in 2010, the households were able to build up monetary assets which they made available to the financial sector as well as to foreign issuers. The relatively high profit margin allowed the companies to self-finance almost…
or Log In
Fast News Search