EU Growth Forecast: Austria Slightly Over Average

Politics ♦ Published: November 30, 2010; 10:10 ♦ (Vindobona)

The EU Commission has revised its growth forecast for 2011 slightly upwards. Austria stays at 1.7% in the above average area.

EU Growth Forecast: Austria Slightly Over Average / Picture: © Vindobona.org

The EU Commission forecasts economic growth of 1.7% (previously 1.6%) for Austria. For the euro zone the forecast is 1.6%, for the whole EU 1.7%.

For 2012, GDP growth is expected to increase: in Austria by 2.1%, in the euro zone by 1.8% and in the whole EU by 2.0%.

The forecasts for the ending 2010 are corrected strongly upwards: Austria +2.0% (1.3%), Euro area +1.7%…

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