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In 1997–2002, Austrian GDP will grow by 2¾ percent p.a. on average in real terms. Supported by the strong competitive position of Austria's external sector, exports will continue their dynamic growth and the net exports are expected to furnish a positive contribution to GDP. Domestic demand...
Persistent link: https://www.econbiz.de/10005059327
The year-2000 tax reform – together with the "family package" – will reduce the tax burden on private households and enterprises by ATS 32.5 billion on a medium-term basis. ATS 17 billion result from the loss of wage and income tax revenues due to the reform of the income tax-rate table, ATS...
Persistent link: https://www.econbiz.de/10005059358
During the projection period of 1999–2004, the Austrian GDP is expected to average a growth of 2.5 percent p.a. in real terms. It will thus grow at a marginally lower rate than the EU average, as measures expected to be taken to consolidate the Austrian budget will act as a slight brake....
Persistent link: https://www.econbiz.de/10005032734