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Nowotny Calls for Consistent Budget Consolidation
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Published: December 30, 2010; 23:33 ♦ (Vindobona)
The Governor of the OeNB draws balance at the end of the year and gives his outlook on the challenges for 2011
Nowotny Calls for Consistent Budget Consolidation / Picture: © Agenda Austria 2020
With a growth rate of 1.9%, an inflation rate of just 1.7% and the second lowest unemployment rate in the European Union (EU), Austria's economy made a significant recovery in 2010, to be continued in 2011 with a growth rate of 2.1% .
For the position of Austria on the international capital markets, it will be of particular importance to continue on the chosen course of…
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