Eurozone

Austria’s Retail Sector Posts Second-Biggest Hike in EU

According to Eurostat data Austria’s retail sector posted a growth of 1.6 percent m/m in December, which was the second-biggest rise in the whole EU. Only Ireland performed better. In the EU and the eurozone the growth rate totaled merely 0.3 percent m/m.

February 5, 2015

Austrian Parliamentary Budget Commission Discusses EFSF

Capital liabilities of Austria owed to the European Financial Stability Facility (EFSF) have been discussed by Austria’s parliamentary budget commission. The amount provided by Austria to the EFSF totalled EUR 10.17 billion as of the end of June 2014. Austria’s payments to the European Stability Mechanism amounted to EUR 2.23 billion.

September 18, 2014

Austria: Right-Winged Extreme Party Buoyed by Tailwind

The Austrian right-winged Freedom Party (FPÖ) is using the disappointment over the grand coalition’s inability to tackle major economic issues to its advantage.

May 21, 2014

“Romania Can Never Become the China of Europe”

Stabilization in Central and Eastern Europe (CEE) is becoming stronger. However, the political crisis in Ukraine is causing a feeling of insecurity among the population.

May 15, 2014

Croatia to Place New Eurobond by June

The Croatian government plans to issue a Eurobond until the beginning of June.

May 9, 2014

Fitch Upgrades Rating for Slovenia

Fitch Ratings has revised the Outlook on Slovenia's Long-term foreign and local currency Issuer Default Ratings (IDR) to Stable from Negative and affirmed the IDRs at 'BBB+'.

May 2, 2014

Majority of Czech Entrepreneurs Want Euro

According to a survey, more than three quarters of Czech entrepreneurs are in favor of the country adopting the Euro.

April 30, 2014

Austria: Industrial Production with Growth Potential

Austrian industry continues to grow - but somewhat less dynamically than at the turn of the year.

April 30, 2014

Poland: Growth Forecast Raised Again

The International Monetary Fund has raised the forcast of GDP growth in Poland.

April 9, 2014

Austria: Majority Does Not Trust Euro

Only 49 percent of Austrian citizens have faith in the Euro.

April 7, 2014