Sponsored Content
Eurozone
Austria Achieved Positive Current Account in 2011
Last year, Austria´s current account reached a surplus of 1.9% of the GDP.
May 4, 2012
ESM: The Final Ruin of Europe
Solidarity with financially stricken EU countries cannot justify the irrevocable loss of national sovereignty. The transfer union will only work until the financial collapse of Germany and Austria.
May 2, 2012
Austrian Inflation Slightly Down
In March, a decrease of the Consumer Price Inflation to 2.4% was observed.
April 17, 2012
EU: Austrian Labor Costs Rose Decently
Since 2000, Austrian labor costs rose by 40%. Among the 27 member states, Austria ranks 22th.
April 5, 2012
Economic Outlook: Slight Optimism for Eurozone
The Eurozone´s GDP to grow by 1.1 per cent again in 2013. In 2012, the economy will decline by 0.5 per cent; the low point of recession has already been reached.
April 5, 2012
Austria Rejects Bank Bonds of Southern Euro-Members
The Austrian Central Bank will join Germany’s Bundesbank in rejecting as collateral bank bonds guaranteed by member states receiving aid from the European Union and the International Monetary Fund.
April 4, 2012
Fekter: "Eurogroup Chief Must Be Head of Government"
Austria’s Finance Minister Maria Fekter said the next leader of the group of euro-area finance ministers has to be a head of his or her government in order to have the necessary authority.
March 6, 2012
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