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The lack of snow in the winter of 1989/90 has resulted in a disappointing performance of the tourism sector. The number of overnight stays dropped by more than 3 percent compared to the previous winter season; receipts from foreign tourists (adjusted for price changes) stagnated. Hungarian...
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Die Reiseverkehrsbilanz lieferte bis Anfang der neunziger Jahre wesentliche Beiträge zum Leistungsbilanzausgleich. Seither wirken sich die Strukturdefizite der österreichischen Tourismuswirtschaft sowie die großteils wechselkursbedingte Abnahme der preisbestimmten Wettbewerbsfähigkeit...
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In 2013, Austria's economy grew by just 0.4 percent, the slowest growth rate since the recession of 2008-09 when overall production had shrunk by 3.8 percent. Both the investment volume and private household consumption declined in real terms. Unemployment rose sharply to a new height of 7.6...
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