Styria: "The crisis is over"

Politics ♦ Published: April 9, 2011; 14:23 ♦ (Vindobona)

The Austrian Institute of Economic Research (WIFO) considers that the federal province hit extremely hard by the economic crisis has resumed the upward trend.

Styria: "The crisis is over" / Picture: © Vindobona.org

According to Karl Aiginger, Director of WIFO, the economic upswing has been fully restored in Styria. The acute economic and fiscal policy measures have had the expected results. However, the future has to be invested in, and reforms are also necessary. A further outbreak of the crisis is considered as extremely unlikely by Aiginger.

Styria has managed to evolve from an…

or Log In

Fast News Search
Related News
Economy: "South Axis” Demands Recovery Program (March 24, 2011)
Industrial Activity: Styria above Austrian Average (February 14, 2011)
Red Bull Massively Invests in Upper Styria (January 1, 2011)
voestalpine: Major project shelved in Styria (November 10, 2010)
Production of BMW X3 Shifts From Styria to USA (October 14, 2010)
Read More
Styria, Economic Growth, Austerity, WIFO Austrian Institute of Economic Research, Karl Aiginger
Featured
How the People’s Republic of China Leverages Its Membership in Multilateral Organizations to Advance Its Geopolitical Interests
How China's Global Infrastructure Strategy Undermines European Integration in the Western Balkans and Beyond
See latest Vindobona Newsletter