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Economic Policy in Austria

The EU single market, introduction of a common currency, expansion of the European Union (EU), increasing internationalisation of the economy and rapid structural change have dominated and fundamentally changed the Austrian economic policy framework and opportunities for action in previous years.

Fiscal and structural policy are coordinated across the EU, but nevertheless remain to a great extent the responsibility of individual states. These two areas - together with European monetary policy - are critically important for ensuring growth, employment and competitiveness. 

  • General Information

    Fiscal policy concerns national budget policy measures aimed at influencing aggregate demand or individual components of this demand. read more

  • Current Economic Data - Austria

    Important Austrian economic indicators have been collected in a table for informational purposes and are updated regularly. The table contains economic development indicators (e.g. production, foreign trade, labour market, financial sector). read more

  • Austrian Stability Programme

    According to EU Regulation 1466/97 as amended by Regulation 1175/2011, the participants in the Euro zone have to submit an annual Stability Programme and the other member states of the European Union (EU) a Convergence Programme. read more

  • Austrian Draft Budgetary Plan

    According to Article 4(2) regulation (EU) 473/2013 the DBPs are to be compiled until October 15th each year. The DBPs are supposed to contain the draft budget for the subsequent year for the Federal Government and the main parameters for the other sectors of the state. They have to be published and forwarded to the European Commission and the Eurogroup.
    read more

  • National Reform Programme

    The Europe 2020 strategy was adopted by the European Council on 17 June 2010. Its objective is to promote employment and smart, sustainable, inclusive growth. The progress achieved by Member States must be reported in National Reform Programmes (NRP) each year. read more

  • Ageing Report 2018 

    Every three years long-run projections of age-related expenditure items (pensions, health care, long-term care, education and unemployment benefits) are being estimated at the EU level. This is known as the “Ageing Report” (AR). The AR 2018 was published on May 25th, 2018. read more