Austria’s economy is not getting going. Gunter Deuber explained the reasons for this on Monday ZiB2 quickly listed with Armin Wolf: lower exports, lack of investment, decline in private consumption and a lack of trust in the location. The chief analyst at Raiffeisenbank International sees the reason for this in the wage policy of the past. He doesn’t expect a light at the end of the tunnel until 2027. This is not good news for industries that are already weak.
