Over the period from 2003 to 2008, real GDP in Austria is expected to grow by about 2.3 percent per year, slightly faster than in the euro area as a whole. Notably the tax reform, EU enlargement and investment in the knowledge base should secure a small growth advantage vis-à-vis the EU. The...

The global economic crisis will slow down Austria's economic growth over the medium term. Over the period from 2009 to 2013, real GDP is expected to grow on average by 1.3 percent p.a. The cyclical downturn will have a negative impact on the labour market and public finances, while keeping...

Economic growth in Austria is projected at an average 2.1 percent p.a. over the period from 2005 to 2010. The expected cyclical recovery in Europe and notably in Germany plays a major role in this context. Austrian economy will grow somewhat faster than the euro area, strongly benefiting from...