Austria's Export Economy is Booming

OrganizationsOther ♦ Published: December 22, 2010; 18:29 ♦ (Vindobona)

Given the high growth rates in the past year, the Austrian export economy shows itself also optimistic for 2011.

Austria's Export Economy is Booming / Picture: © Wikimedia Commons / NOAA [Public Domain]

Walter Koren, head of Foreign Trade of the Economic Chamber says: "The success story has come back and will be continued". The confidence is also based on the fact that although high growth rates were recorded in 2010 concerning exports, the pre-crisis level could not be reached yet. Only about half the slump of 2009 could be compensated. For the coming year, the Economic Chamber (WKÖ)…