Economic Report 2011: Government Surprised by Quick Recovery

Politics ♦ Published: July 8, 2011; 22:35 ♦ (Vindobona)

Experts praise Austria’s relatively stable performance during the years of crisis and call for reforms necessary for ensuring the country’s competitiveness.

Economic Report 2011: Government Surprised by Quick Recovery / Picture: © Vindobona.org

Austria has quickly left the economic crisis behind. Germany was the main growth engine again, after the Austrian economy had been driven for years by a strong development of business in Eastern Europe. The government on Friday presented its Economic Report 2011 and announced that the budget deficit in 2011 and 2012 would be smaller than previously expected as a result of the economic…

or Log In

Fast News Search
Related News
Government Debt Committee Sees No Margin for Tax Cuts (July 7, 2011)
Economic Council Met for the First Time (July 4, 2011)
Economic Upswing Continues: Wifo and IHS Expect 3% Growth (July 1, 2011)
Bronze Medal for Austria’s Economy (June 21, 2011)
IMF Calls for More Ambitious Budgetary Consolidation (June 14, 2011)
Moser Demands Changes in Debt Policy (May 2, 2011)
Read More
Competitiveness, Economic Growth, OeNB Austrian National Bank, Peter Mooslechner, Karl Aiginger, Bernhard Felderer, IHS, WIFO Austrian Institute of Economic Research, Maria Fekter, Reinhold Mitterlehner, Germany, OECD
Featured
Coronavirus in Austria: Update
Coronavirus in Vienna: Update - June 3, 2020
Coronavirus in Austria: Live-Ticker
COVID-19: Current Key Figures from Vienna
Coronavirus in Lower Austria: Update
See latest Vindobona Newsletter