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Government Spending

Austria: Second Recession Ahead

The double-dip scenario becomes more and more likely. In the third quarter, Austria´s GDP was down for the first time since 2009.

November 15, 2012

Slovak Deficit to Reach 2.9% of GDP in 2013

The Slovak government approved the 2013 state budget. The deficit will be reduced step by step in the next years.

October 12, 2012

Slovenia to Sharpen Austerity Measures

The Slovenian centre-right government announces new austerity cuts. The budget deficit should be lowered to 3.0% of GDP.

October 5, 2012

Slovakia´s Growth Still Driven by Exports

The industrial sector still shows dynamics. However, government spending and consumption is falling further.

October 5, 2012
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