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Economic Report: „Reducing Dependence on Europe“
Today, the Austrian government published its "Economic Report 2012".
Economic Report: „Reducing Dependence on Europe“ / Picture: © Wikimedia Commons / My Friend [CC BY-SA 3.0 (http://creativecommons.org/licenses/by-sa/3.0/)]
Last year, the Austrian government hoped that the economic boom will persist. Above all, the first half year of 2011 showed a substantial economic growth. In 2011, Austria´s GDP growth amounted to 3.0%.
This year, the forecasts are rather decent. The Austrian economy is expected to grow by 0.8% this year – in the best case. In 2013, the expected GDP growth ranges from 1.3% to…
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