Growth in Austria's Foreign Trade and Direct Investment

Business › n.a. ♦ Published: January 13, 2011; 00:05 ♦ (Vindobona)

Austria's goods, services and capital transactions abroad grow strongly, a sign of solid recovery.

Growth in Austria's Foreign Trade and Direct Investment / Picture: © Vindobona.org

Austria's current account balance showed in the first three quarters of 2010, an increase of € 4.6bn (1st - 3rd quarter 2009: € 5.1bn). After the surplus was halved in the same period in 2009 as a result of the economic and financial crisis, the external environment appears again significantly positive, given the recovery of some major trading partners led by…

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