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1999. Austria, Finland and Sweden joined the EU in 1995. Whereas both Finland and Austria are members of the single market … different courses in their economic development. Since 1995, real GDP has grown faster in Finland and Sweden than in Austria … purchasing power parities, Austria is the fourth-richest country among the EU-15, following Luxembourg, Denmark and Ireland, with …
Persistent link: https://www.econbiz.de/10004974974
The integration of the rich EFTA countries Austria, Finland, and Sweden into the EU shifts the center of gravity to the … prices and exchange rates), respectively; Austria and Sweden but not Finland have a higher per-capita income than the twelve … ahead of Austria. Sweden takes the tenth position, Finland the eleventh. The three former EFTA countries now joining the EU …
Persistent link: https://www.econbiz.de/10004978443
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For several months, business surveys have indicated a gradual but steady improvement of firms' expectations. Opinions on the current economic situation are also somewhat more upbeat in manufacturing and substantially more so in the construction industry. A turnaround on the labour market,...
Persistent link: https://www.econbiz.de/10004974812
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The weakness of domestic demand in Austria and in major trading partner countries is shaping current economic … considerable risks. In Austria, equipment investment and imports are receding, and industrial output is slightly below the year …
Persistent link: https://www.econbiz.de/10004975165
For the third year in a row, the Austrian economy will grow by only around 1 percent in 2003. Adding to the persistent weakness of domestic demand are the economic repercussions of geopolitical instability. For 2004, uncertainties are particularly large, with growth projected to stay below the...
Persistent link: https://www.econbiz.de/10004975169
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No signs are currently visible of a cyclical recovery in Europe. Survey results for Austria as for the whole EU suggest …
Persistent link: https://www.econbiz.de/10004975410