Austria immersed in stagnation 2023January 2023
Austria's economy, immersed in stagnation, will be able to recover from it in a significant way only in 2024.
This is reported by The Austrian Institute of Economic Research (WIFO)
Austria Credit Rating DowngradeJanuary 2012
The credit rating agency S&P downgraded on January 13, 2012 Austria's credit rating from the previous perfect AAA rating to AA+.
S&P also downgraded on the same date the credit rating of other eight EU countries causing doubts about the perfect credit rating of the European rescue fund.
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