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Last Update: ،
2026/01/22
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02:00:16
Latest News:
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Latest News:
President al-Alim meets with Ambassadors of countries sponsoring peace process in Yemen
Aden Local Authority: No Tolerance for Any Attempts to Undermine Public Tranquility
Government Welcomes Announcement of Peace Council
Signing Tripartite Agreement to Operate 70 Power Stations in Yemen with Saudi Support
Musawah Organization: Houthi militias forcibly disappearing 74 civilians from Dhamar in their prisons ..
Austrian central bank expects 0.3 percent growth in 2025
[13/09/2025 06:31]
VIENNA-SABA
The Austrian Central Bank expects the local economy to record a slight growth in GDP of 0.3 percent for the current year 2025, thus avoiding entering a third year of recession, following stronger than expected economic performance in the first half of the year.
The bank's governor, Martin Kocher, stated that the local economy recorded slight growth in the first six months of 2025 after nearly two years of recession, which contradicts previous expectations that indicated a slight decline, prompting a revision of current forecasts.
The Austrian Central Bank expects the local economy to record a slight growth in GDP of 0.3 percent for the current year 2025, thus avoiding entering a third year of recession, following stronger than expected economic performance in the first half of the year.
The bank's governor, Martin Kocher, stated that the local economy recorded slight growth in the first six months of 2025 after nearly two years of recession, which contradicts previous expectations that indicated a slight decline, prompting a revision of current forecasts.
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