Economic Recovery and Interest Rate Turnaround Also in Austria?

Politics ♦ Published: October 3, 2013; 19:13 ♦ (Vindobona)

Not only Germany but also the peripheral areas of the European Union see economic recovery supported by an increasing export activity.

Economic Recovery and Interest Rate Turnaround Also in Austria? / Picture: © Vindobona.org

“Despite of demand of households and enterprises being weak, and competitiveness, growth and the political environment being further hurdles,” Mildred Hager, senior economist at the department Eurozone and USA of Erste Group explained adding that “as a result inflation will remain dampened and the European Central Bank (ECB) should keep interest rates low for a longer…

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