EU Commission: Austrian Growth Above EU Average

PoliticsBrussels ♦ Published: February 22, 2013; 19:45 ♦ (Vindobona)

Unlike the Eurozone, Austria will record a positive growth rate this year. Within the EU, the situation is highly different.

EU Commission: Austrian Growth Above EU Average / Picture: © Wikimedia Commons [CC0 1.0] / Pixabay [CC0 Creative Commons]

In the EU, the growth forecasts differ from +3.0% to -4.4%. Like in the last years, the Greek economy will show the sharpest decrease. Estonia´s economy will show the strongest performance. The unemployment in the Eurozone is expected to grow to 12.2%.

Besides Greece, the economies in Cyprus, Slovenia, Portugal and Spain will show significantly negative growth…