IMF: Austria Has Favorable Economic Fundamentals

IMF: Austria Has Favorable Economic Fundamentals / Picture: © IMF

“While Austria has comparatively favorable macroeconomic fundamentals, these need to be strengthened further, especially in light of the ongoing crisis in the euro area and the legacy of an overly ambitious eastward expansion by the banking sector.”

This is the main policy advice given to Austria by experts from the International Monetary Fund IMF in Washington D.C. after…