1995 saw a surprising but nevertheless marked downturn in demand and output. Real GDP, having advanced by over 1 percent in the first half (from the previous period) slightly weakened as from mid-year. The annual average rate of economic growth was 1¾ percent, more than 1 percentage point down...

Over the past year, the Austrian economy remained in a phase of cyclical sluggishness. The recovery which had set in in late 1993 came to an unexpected halt around mid-1995, with demand and output slackening thereafter. In early 1996, activity hit a low when the downturn was exacerbated by...

Europas Wirtschaft löst sich allmählich aus Rezession und Stagnation und kann für 2014-15 eine Rückkehr zu mäßigen Wachstumsraten erwarten. Die bessere Konjunktur wird jedoch weder die Folgen der vergangenen Krisen - hohe Arbeitslosigkeit und Staatsschuldenlast - beseitigen, noch ihre...