Austrian economy shows strong signs of recovery

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Business

A leading think tank has claimed the Austrian economy grew stronger than it was initially predicted to do.The Vienna-based Institute for Economic Research (WIFO) announced today (Fri) the country’s gross domestic product (GDP) rose by 2.4 per cent year on year in the second quarter of 2010, adding that this was a 1.2 per cent […]

Austrian exports rose in February

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Business

Austrian exports rose in February by 5.5 per cent year on year to 7.82 million Euros, according to Statistik Austria.The agency added today (Fri) that imports had grown by 3.4 per cent year on year to 8.08 billion Euros in February. Both exports and imports had declined year on year in January.For the two months […]

EC says Austrian economy will rise above EU average

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Business

The European Commission (EC) said Austria’s economy is to grow stronger than it had expected half a year ago.EC officials forecasted a 1.3 per cent year on year rise today (Weds) after giving a 1.1 per cent growth prediction last December.The new prediction matches the forecasts of Austria’s two leading think tanks.The Institute for Higher […]

Injured Bammer takes a break

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Sports

Austria’s number one female tennis player Sybille Bammer said today (Fri) she had decided to take a four-week break after a cold joined her Achilles heel problems.The 29-year-old announced that she would skip playing at tournaments at Ponte Vedra Beach and Charleston in the United States after crashing out at the ATP tournament in Miami.Speaking […]