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...

Between 2008 and 2012, real GDP in Austria will grow at an annual average rate of 2.3 percent. From 2010 onwards, the Austrian economy is expected to benefit from tax cuts and an economic recovery in the euro area.

Real GDP in Austria will grow on average by 2.5 percent per year until 2011, which is a much faster pace than in the past six years when expansion was retarded by the sluggish European economy and slow domestic demand. Acceleration of medium-term growth will be somewhat faster in Austria than on...

With a projected annual rate of 2.3 percent the Austrian economy will grow less than expected so far. Real GDP growth will lag slightly behind the mark of 2.4 percent observed between 2002 and 2007. The present downturn of the US business cycle will continue to weigh on activity in the euro area...