{"id":263233,"date":"2024-01-22T16:10:53","date_gmt":"2024-01-22T15:10:53","guid":{"rendered":"https:\/\/www.wifo.ac.at\/publication\/263233\/"},"modified":"2024-11-07T07:38:38","modified_gmt":"2024-11-07T06:38:38","slug":"high-euro-exchange-rate-weighing-on-cyclical-recovery-economic-outlook-for-2005-and-2006-4","status":"publish","type":"publication","link":"https:\/\/www.wifo.ac.at\/en\/publication\/263233\/","title":{"rendered":"High Euro Exchange Rate Weighing on Cyclical Recovery. Economic Outlook for 2005 and 2006"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","class_list":["post-263233","publication","type-publication","status-publish","hentry"],"acf":{"subtitle":"","text":"Driven by buoyant exports, the Austrian economy grew by around 2 percent in 2004. For 2005 and 2006, growth is projected at an annual 2\u00bc 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 drag down the cyclical recovery in the euro area.","onlinedate":"2005-01-03 01:00:00","lang":"English","publication_series":"","publication_date":"20041201","publication_date_year":"","publication_date_full":false,"publication_num_pages":"15","keywords":"[\"WIFO Economic Outlook\"]","jelcodes":"[]","related_publications":"[]","pdf":412409,"zip":null,"link":"","monthly_report":true,"monthly_report_main":false,"monthly_report_volume":"","monthly_report_pages":"","monthly_report_pages_sort":"0","issue":"","journal":"WIFO-Konjunkturprognose","publisher":"","invisible":false,"external":false,"embargo_date":null,"types":[44368],"research_groups":[3500],"collaboration":"","persons":[3893],"persons_data":"[{\"personId\":3893,\"personName\":\"Ewald Walterskirchen\",\"organisationNames\":[]}]","clients":[],"subclients":[],"partners":[],"topics":[],"host_publication_title":"","host_publication_subtitle":"","place_of_publication":"","host_publication_editors":"[]","type_description":"","output_media":"","chapter":"","article_number":"","scientific_assistance":"[]","scientific_review":"[]","version":"","release_date":null,"expiration_date":null,"surveyor":"","research_assistance":"","edv":"","additional_info_de":"","additional_info_en":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.3 (Yoast SEO v27.3) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>High Euro Exchange Rate Weighing on Cyclical Recovery. 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