2002 expandierte das reale Bruttoinlandsprodukt in Österreich um 1%. Damit ging das Land im westeuropäischen Vergleich wieder auf die Überholspur, die es 2001 verlassen hatte. Allerdings verschlechterte sich die Lage auf dem Arbeitsmarkt deutlich, die Arbeitslosenquote stieg im...

One aim of the first phase of the tax reform coming into effect in 2004 is to strengthen the economic recovery. One of its elements is a tax relief granted for retained profits of non-incorporated firms to further the formation of equity capital. However, since small firms and firms with low...

This Technical Note analyzes crisis preparedness and management framework in Austria. The global crisis revealed weaknesses in Austria's financial stability policy framework. Austria needs to put in place a special bank resolution regime to resolve problem banks in a manner that does not...

This Financial Sector Stability Assessment report reviews economic development and different fiscal policies in Austria. The global crisis has revealed weaknesses in Austria's financial stability policy framework, and recent changes at the European levels provide an opportunity to address these....

The main characteristic of the implementation of the European Monetary Union (EMU) is the transition from various national currencies to the Euro, the common European currency. A final fixing of the individual bilateral exchange rates of all European countries involved in the Monetary Union...