Economic Indicator: 2011 Brings More Dynamism to Austria's Economy

Business › Economy ♦ Published: February 17, 2011; 01:22 ♦ (Vindobona)

Economic recovery has stabilized rapidly in Austria. The Bank Austria Business Indicator has climbed to a three-year high.

Economic Indicator: 2011 Brings More Dynamism to Austria's Economy / Picture: © Vindobona.org

"Nothing is to be seen anymore of the worsening of the economic climate that emerged in the late fall of 2010. The Austrian economy presents itself in radiant shape after the turn of the year", says chief economist Stefan Bruckbauer.

The Austrian economy ends 2010 seamlessly with the gratifyingly dynamic end of the year results, with a GDP growth of 0.6 % compared with the…

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