Sponsored
Article Tools

Nowotny Calls for Consistent Budget Consolidation

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…

This article includes a total of 206 words.

or Log In

Fast News Search