Sponsored
Article Tools

IMF Considers Recovery as "Moderate and Uneasy"

Published: October 20, 2010; 15:02 · (Vindobona)

Growth in Europe seems to be normalizing slowly. Dynamism is missing though, and many vulnerabilities are as yet unresolved.

IMF Considers Recovery as "Moderate and Uneasy" / Picture: © Wikimedia Commons / SKopp [Public domain]

The economic upswing will be "moderate and uneasy", according to IMF economist Helge Berger. It is mainly due to the robust domestic demand. But now it is about time for budget consolidation. This should be based on the side of expenditure, because it is "successful, more sustainable and more growth-friendly". But caution is appropriate in any event, in order to minimize the…

This article includes a total of 227 words.

or Log In

Fast News Search
Related News
Austria: Economic Recovery Continues (October 1, 2010)
Austria exceeds the Maastricht GDP reference value by 0.5% (September 30, 2010)
Austrian Banks in Central, Eastern and Southeastern Europe (August 27, 2010)
Austria attracts World Bank (July 22, 2010)
Economy shrank by 3.9 percent in 2009 (July 16, 2010)
The high debt burden of Austria as target for speculators (July 9, 2010)
IMF - Austria to save on expenses (June 29, 2010)
Austria's economy further weakens (June 10, 2010)
Read More
EU European Union, Austerity, Consolidation, Budget Deficit, Budget, Business Cycle, Equity Markets, IMF International Monetary Fund, Economic Growth, IWF, Stress Test, Banking Industry
Featured
List of National Days of the home countries of all foreign Missions and Delegations in Vienna, Austria
See latest Vindobona Newsletter