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IMF: Praise and Criticism for Austria
Politics ♦
Published: September 11, 2013; 06:44 ♦ (Vindobona)
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According to the IMF´s country report, Austria´s main problem is the fiscal situation.
IMF: Praise and Criticism for Austria / Picture: © Wikipedia / Congress of Vienna (Jean-Baptiste Isabey)
Among the European countries, Austria is one of the economically best performing countries, IMF reports. Above all, the unemployment is the lowest in the EU, the IMF emphasizes. Until now, Austria was not affected by another recession. Austria is a region which benefits from a relatively high degree of stability, the IMF says.
Regarding the Austrian banking sector, IMF underlines…
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