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Ernst & Young: Austria Almost Stagnates

Published: December 19, 2012; 00:17 · (Vindobona)

Next year, Austria only will grow by 0.9%, the consulting group says.

Ernst & Young: Austria Almost Stagnates / Picture: © Vindobona.org

In 2013, the Austrian economy will only record decent growth rates. Nevertheless, Austria still performs better than the average of the Eurozone. Ernst & Young anticipates a negative growth rate of 0.2% for the Eurozone. In 2014, the economy will recover and GDP will increase by 1.1%, the consulting group says.

Helmut Maukner at E & Y Austria: “Next year, we have to…

This article includes a total of 116 words.

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