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Austria's National Bank Chief: Budget Coffers are Filling Up Again
Robert Holzmann, Governor of the Oesterreichische Nationalbank, sees the high inflation of recent years as a major challenge for Austrian savers. Now that salaries have risen and household budgets are being replenished, he nevertheless urges caution. For a sustainable economic upturn, he says, consumer and investor confidence is essential.
November 10, 2024
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