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Turnaround for Austrian Economy?
Bank Austria´s business indicator states that the Austrian economy could return to growth. For the first quarter, a small growth rate is expected.

After the stagnation in the last quarter of 2011, the Austrian economy is seen to recover in the first quarter of 2012. Last year, GDP growth reached 3.3%, which was one of the highest growth rates in the euro-zone.
By contrast, the expected growth rate only reaches 0.8% in 2012. The Bank Austria business indicator rose again for the first time in six months. “With a rise to…
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