Raiffeisen Foresees a Weak Decade for Europe

Politics ♦ Published: December 28, 2010; 21:36 ♦ (Vindobona)

RLB Niederösterreich-Wien expects hardly any economic growth, particularly in the euro countries. Austria is however relatively well positioned.

Raiffeisen Foresees a Weak Decade for Europe / Picture: © Wikimedia Commons / Blackfish [CC BY-SA 3.0 (https://creativecommons.org/licenses/by-sa/3.0)]

Raiffeisenlandesbank Niederösterreich-Wien foresees the start of a little-gratifying decade for Europe. The past decade has been marked by "financial bubbles". However, there were some differences: Central and Eastern Europe are more dynamic than the region of the euro countries. Within these, some countries with more stable finances, such as Germany, the Netherlands and Austria can be…

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