Euro Area Debt Crisis Weighing Increasingly on Domestic Activity. Economic Outlook for 2012 and 2013
Economic policy in the euro area is confronted with major challenges. Against this background it is extremely difficult to project international and domestic economic developments. The present forecast is based on highly benign assumptions concerning the resolution of the current crisis. Subject to...| Link(s) zu Dokument(en): | WIFO Publikation |
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| Veröffentlicht in: | WIFO Economic Outlook |
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| Format: | book |
| Sprache: | Englisch |
| Veröffentlicht: |
2012
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| Zusammenfassung: | Economic policy in the euro area is confronted with major challenges. Against this background it is extremely difficult to project international and domestic economic developments. The present forecast is based on highly benign assumptions concerning the resolution of the current crisis. Subject to these assumptions, Austria's GDP should grow by 0.6 percent this year and by 1.3 percent in 2013, with uncertainty being particularly high for next year. |
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