OECD expects Austria's economy to start recovering

Vienna [Austria], December 7 (ANI/WAM): The Organisation for Economic Co-operation and Development (OECD) stated that Austria's economic activity is projected to recover slowly from a two-year contraction, with GDP growing by 1.1 per cent in 2025 and 1.4 per cent in 2026.

The budget deficit continues to exceed 3 per cent of GDP, according to OECD's Economic Outlook.

Austria's latest economic outlook report predicts that i