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Optimistic Economic Forecasts for Austria

Published: June 8, 2012; 13:31 · (Vindobona)

According tot he Austrian Central Bank (OeNB), Austria´s economic growth will be substantially above the European average.

Optimistic Economic Forecasts for Austria / Picture: © Flickr

Despite the overall economic uncertainties, OeNB upgrades its forecasts for Austria´s economy. Austria´s Central Bank OeNB expects an economic growth of 0.9% in 2012. In 2013 and 2014, Austria should be one of Europe´s growth engines, OeNB says. In 2013, the Central Bank anticipates a growth rate of 1.7%. In 2014, Austria´s GDP should grow by 2.1%. Compared to the last forecast,…

This article includes a total of 218 words.

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