High Euro Exchange Rate Weighing on Cyclical Recovery. Economic Outlook for 2005 and 2006

Ewald Walterskirchen
Additional contact information
Ewald Walterskirchen: WIFO

WIFO Monatsberichte (monthly reports), 2005, vol. 78, issue 1, 15-16

Abstract: Driven by buoyant exports, the Austrian economy grew by around 2 percent in 2004. For 2005 and 2006, growth is projected at an annual 2¼ percent, boosted in 2005 by the second step of tax cuts, and by some pick-up in the pace of activity in the euro area in 2006. Major uncertainty surrounds the exchange rate of the euro, where a further upward drift may weaken the cyclical recovery in the euro area.

Keywords: Economic; Outlook; Austria (search for similar items in EconPapers)
Date: 2005
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.wifo.ac.at/wwa/pubid/25402 abstract (text/html)
Payment required

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:wfo:monber:y:2005:i:1:p:15-16

Ordering information: This journal article can be ordered from
Austrian Institute of Economic Research Publikationsverkauf und Abonnentenbetreuung Arsenal, Objekt 20 A-1030 Vienna/Austria

Access Statistics for this article

More articles in WIFO Monatsberichte (monthly reports) from WIFO Contact information at EDIRC.
Bibliographic data for series maintained by Florian Mayr ().