IMF Puts Pressure on Austria

People ♦ Published: September 7, 2011; 15:46 ♦ (Vindobona)

The IMF shows itself content with the Austrian post-crisis policies. But now, Austria has to reduce new indebtedness.

IMF Puts Pressure on Austria / Picture: © IMF International Monetary Fund

“Executive Directors commended the authorities for policies that have supported a swift recovery and laid the foundations for a sustained expansion. “, the IMF states.

However, the IMF claims Austria to put efforts on further austerity measures: “Nonetheless, in view of the still fragile global outlook and heightened vulnerabilities in the euro area, Directors agreed that…