English, Article edition: Business Scenario Shaped by Europe-Wide Fiscal Retrenchment. The Outlook for 1996 and 199 Georg M. Busch

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Physical Description
  • article
Language
  • English

Edition details

Title
  • Business Scenario Shaped by Europe-Wide Fiscal Retrenchment. The Outlook for 1996 and 199
Author
  • Georg M. Busch
Physical Description
  • article
Notes
  • Under the impact of slackening foreign demand, economic growth in Austria is losing momentum. Efforts to reduce budget deficits, which, by postponement, have become more urgent and subject to a severe time constraint are likely to imply a weakening of activity over the next two years. Even if a recession should be avoided, unemployment may rise further. Subdued demand prospects will, on the other hand, ensure high price stability and improve the current external account.
  • Business Scenario Shaped by Europe-Wide Fiscal Retrenchment. The Outlook for 1996 and 199
  • RePEc:wfo:monber:y:1996:i:1:p:13-14
Language
  • English
Contributed by
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