"Schilling" Quotes from Famous Books
 ... mild recession in 1993, Austria's economy - driven by strong exports, investment, and private consumption - expanded 2.7% in 1994 and about 2.4% in 1995. The slowdown in 1995 was largely due to an appreciation of the Austrian schilling and its negative effect on exports and tourism. EU membership has had a positive impact on foreign investment and has helped to lower inflation. Despite Austria's generally favorable economic prospects, the government faces a number of economic challenges, especially budget consolidation. ...
— The 1996 CIA Factbook • United States. Central Intelligence Agency. |
