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Economic Upswing for Austria?

Politics ♦ Published: March 29, 2012; 19:52 ♦ (Vindobona)

The economic research institutes IHS and WIFO anticipate that the Austrian economy accelerates by summer 2012. Both warn of “too much euphoria”, however.

Economic Upswing for Austria? / Picture: © WIFO Wirtschaftsforschungsinstitut

The chairmen of WIFO (Austrian institute of economic research) and IHS (Austrian Institute of Advanced Studies), Karl Aiginger and Bernhard Felderer enhanced their forecasts for the Austrian economy.

After the Austrian economy showed first signs of a recession in November, the outlook is now much more optimistic. The economy is expected to record slow growth rates by summer. Risk…

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