Marterbauer, Markus - In: WIFO Monatsberichte (monthly reports) 70 (1997) 4, pp. 213-217
With a growth rate of only 1½ percent in real terms, economic activity was weak in the EU in 1996. The strong upturn after the end of the recession of 1992-93 faltered as early as in the first half of 1995 on account of unstable exchange rates, high interest rates, and restrictive fiscal...
