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Last Update: ،
2026/10/21
Time
01:50:33
Latest News:
Yemen’s Ambassador Discusses Cooperation with Belgian Senate President
Shura Council Chairman Discusses Ways to Strengthen Bilateral Relations with Kuwaiti Ambassador
Taiz Local Authority Condemns Houthi Shelling of Residential Areas and Attack on Ambulance
Houthi Missile Attack Kills Girl, Wounds Eight in Taiz
Coalition Intercepts and Destroys Ballistic Missile Launched Toward Riyadh
Latest News:
Yemen’s Ambassador Discusses Cooperation with Belgian Senate President
Shura Council Chairman Discusses Ways to Strengthen Bilateral Relations with Kuwaiti Ambassador
Taiz Local Authority Condemns Houthi Shelling of Residential Areas and Attack on Ambulance
Houthi Missile Attack Kills Girl, Wounds Eight in Taiz
Coalition Intercepts and Destroys Ballistic Missile Launched Toward Riyadh
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.
Key words:
expectations - contradicts - performance - forecasts - recession - prompting - indicated - SABA The - following - stronger -
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