US EditionRecession Hits Upper Austria and Carinthia Hard
Summary by Kronen Zeitung
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The economy in Austria is still in crisis. While most of the federal states were struggling with a decline in economic performance in 2024, only Vienna was able to maintain itself slightly. It was particularly hard for the industrial regions that suffered from the weak global demand. Only the capital city of Vienna escaped the recession and increased by 0.4 percent in 2024. Vienna benefited from a stable service sector and a strong pharmaceutica…
·Vienna, Austria
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Leaning Left0Leaning Right1Center0Last UpdatedBias Distribution100% Right
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