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2020-03-04 09:05:00

AUSTRIA'S GDP GROWTH 1.25%

AUSTRIA'S GDP GROWTH 1.25%

IMF - March 3, 2020 - Austria: Staff Concluding Statement of the 2020 Article IV Mission 

Austria has achieved high living standards with relatively low inequality and poverty. Growth eased in 2019, but employment creation has been good and unemployment lower than the EU average. The fiscal balance moved into surplus in 2018 and 2019, and public debt is declining. The external current account balance is in surplus. Looking ahead, growth will moderate and there are significant downside risks, including weaker growth in European partners, possible trade disruptions, and the effects of the…

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