{"id":84081,"date":"2024-01-22T08:53:11","date_gmt":"2024-01-22T07:53:11","guid":{"rendered":"https:\/\/www.wifo.ac.at\/publication\/84081\/"},"modified":"2026-02-17T15:58:31","modified_gmt":"2026-02-17T14:58:31","slug":"medium-term-forecasts-for-the-austrian-economy-until-2000-budget-consolidation-in-anticipation-of-the-economic-and-monetary-union","status":"publish","type":"publication","link":"https:\/\/www.wifo.ac.at\/en\/publication\/84081\/","title":{"rendered":"Medium-term Forecasts for the Austrian Economy until 2000. Budget Consolidation in Anticipation of the Economic and Monetary Union"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","class_list":["post-84081","publication","type-publication","status-publish","hentry"],"acf":{"subtitle":"","text":"After a two year slump, Austria's economy is expected to recover in 1998. Over the whole forecast period 1995-2000 the economy will grow by 1.8 percent per year, a rate slightlyless than the rate forecast for the entire EU (2.1 percent). According to the forecast, net government borrowing is likely to fall to 3 percent of GDP by 1997, allowing Austria to meet the convergence criteria for participation in the monetary union of the EU. The pick-up in economic activity and a continuation of fiscal discipline might even reduce the net deficit rate to 2 percent by the year 2000.","onlinedate":"1996-05-01 02:00:00","lang":"English","publication_series":"","publication_date":"19960501","publication_date_year":"","publication_date_full":false,"publication_num_pages":"","keywords":"[\"Medium-term Forecasts for the Austrian Economy until 2000. 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