Nowotny: Economic Recovery not as Strong as Expected

People ♦ Published: November 18, 2013; 12:08 ♦ (Vindobona)

According to Ewald Nowotny, governor of the Austrian National Bank (OeNB), indicators point toward a slow recovery in the next quarters.

Nowotny: Economic Recovery not as Strong as Expected / Picture: © Agenda Austria 2020

At the opening speech of the Conference on European Economic Integration (CEEI) 2013, which takes place on November 18 and 19 in Vienna, the governor of the Austrian National Bank, Ewald Nowotny, has today emphasized that the economic situation both in Europe and the Eurozone has started to improve in the past months. Moreover, the unemployment rates in most economies are…