Austria 2015 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Austria

The 2015 Article IV Consultation discusses the key issues related to the economy of Austria. Austria has recovered from the global financial crisis, but the crisis still remains in bank and public sector balance sheets. Major banks have been striving to strengthen their capital and profitability pos...

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Bibliographic Details
Corporate Author: International Monetary Fund European Dept
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2016
Series:IMF Staff Country Reports
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
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651 4 |a Austria 
653 |a Expenditure 
653 |a Banks and banking 
653 |a Emigration and immigration 
653 |a Welfare & benefit systems 
653 |a Banking 
653 |a Banks 
653 |a Fiscal policy 
653 |a Debts, Public 
653 |a Public debt 
653 |a Fiscal Policy 
653 |a Debt 
653 |a Income tax 
653 |a Debt Management 
653 |a Depository Institutions 
653 |a Expenditures, Public 
653 |a Income economics 
653 |a Personal Income and Other Nonbusiness Taxes and Subsidies 
653 |a Mortgages 
653 |a National Government Expenditures and Related Policies: General 
653 |a Public finance & taxation 
653 |a Micro Finance Institutions 
653 |a Macroeconomics 
653 |a Sovereign Debt 
653 |a Banks and Banking 
653 |a Exports and Imports 
653 |a Labour 
653 |a Taxes 
653 |a Public Finance 
653 |a Fiscal stance 
653 |a Taxation 
653 |a Population and demographics 
653 |a International Migration 
653 |a Migration 
653 |a Migration, immigration & emigration 
653 |a Emigration and Immigration 
653 |a Labor taxes 
653 |a International economics 
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520 |a The 2015 Article IV Consultation discusses the key issues related to the economy of Austria. Austria has recovered from the global financial crisis, but the crisis still remains in bank and public sector balance sheets. Major banks have been striving to strengthen their capital and profitability positions amid regulatory and supervisory reforms. Despite lackluster growth, economic slack is limited as potential growth has fallen as well. The governing coalition of Social Democrats and the right-of-center People's Party holds a constructive dialogue on economic policy issues. Growth is estimated at 0.7 percent in 2015, a slight improvement over the ½ percent average in 2012-14, on the back of strengthening external and domestic demand