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Eurozone

FPÖ Claims New Currency Area

The chairman of the Austrian Freedom Party, Heinz-Christian Strache, calls for the creation of a “core Europe” with a new currency.

September 19, 2011

Austria Is One of Three Euro Countries with Lowest Default Risk

Only three euro countries were found to have low default risk combined with a positive trend. The euro zone is seen in an “existential crisis”.

August 8, 2011

Bronze Medal for Austria’s Economy

According to a study by Allianz, Germany is the euro zone country with the healthiest economy. Luxembourg comes on the second rank followed by Austria.

June 21, 2011

Firms Asked to Reduce European Focus in Favour of BRIC States

The Austrian economy has to up its focus on emerging markets, the Economy Minister has warned. 83% of all exports go to customers in Europe.

May 17, 2011

Bank Austria sees euro zone as main risk for growth

Institute raises forecast for 2010 slightly to 3.1 percent

June 28, 2010