OeNB Governor Nowotny "During the Crisis, the Euro Acted as a Protection Shield Beyond the Euro Area"

People ♦ Published: November 15, 2010; 10:19 ♦ (Vindobona)

The Governor of the Austrian National Bank, Ewald Nowotny warns to fiscal discipline and talks about economic challenges and opportunities in Europe.

OeNB Governor Nowotny "During the Crisis, the Euro Acted as a Protection Shield Beyond the Euro Area" / Picture: © Wikipedia / Christian Wirth (Wirthi)

Not only the euro area benefits from the Economic and Monetary Union, but the whole of Europe. The euro area and the countries of Central, Eastern and Southeastern Europe (CESEE) must now, however, reduce their vulnerability and retake their previous course of growth in the medium term, according to Ewald Nowotny.

Given the increased risk aversion of traditional investors,…

or Log In

Fast News Search
Related News
Trichet Succession: The Austrian Nowotny Has Chances As Outsider (November 5, 2010)
OeNB Governor Nowotny Contradicts the Deutsche Bundesbank (October 13, 2010)
Nowotny - raising the "retirement age" (July 13, 2010)
Nowotny strongly criticizes the Hungarian bank tax (June 30, 2010)
IMF - Austria to save on expenses (June 29, 2010)
OeNB - Stress tests discriminate against European banks (June 25, 2010)
OeNB revises growth forecast for 2011 and 2012 (June 14, 2010)
OeNB Raised its Operating Profit to EUR 318 Million in 2009 (May 27, 2010)
Read More
Public Debt, Budget Deficit, Ewald Nowotny, OeNB Austrian National Bank, EU European Union, Currency Markets, Euro, Economic Growth, Fiscal Policy
Featured
Coronavirus in Austria: Update
Austrian Measures against the Novel Coronavirus
Is Vienna Prepared for the Novel Coronavirus?
Coronavirus Outbreak in Austria: Current Risk Assessment
Coronavirus: Temperature Checks Effective Immediately at Vienna Airport
See latest Vindobona Newsletter