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Austria GDP Shrinks In Q4


Austria GDP Shrinks In Q4
BRUSSELS (dpa-AFX) - Austria s economy contracted in the final three months of 2020 after strong growth in the third quarter, preliminary figures from the Austrian Institute of Economic Research, or WIFO, showed on Friday.
Gross domestic product decreased 4.3 percent from the third quarter, when the economy expanded 12.0 percent. Economists were looking for a 2.5 percent decline.
From a year ago, GDP fell 7.8 percent in the fourth quarter after a 4.2 percent drop in the previous three months. That was the fourth contraction in a row.
The restrictions of the second lockdown hurt consumer spending and the service sector, WIFO said. ....

Bruxelles Capitale , Kostenloser Wertpapierhandel , Austrian Institute Of Economic Research , Austrian Institute , Economic Research , ப்ரூக்ஸெல்ஸ் தலைநகரம் , ஆஸ்திரேலிய நிறுவனம் ஆஃப் பொருளாதார ஆராய்ச்சி , ஆஸ்திரேலிய நிறுவனம் , பொருளாதார ஆராய்ச்சி ,

RTL Today - "Massively divisive": Once ski-mad Austria split on pistes open in lockdown


Author: AFP|Update: 24.01.2021 07:20
Skiiers have to wear masks and keep their distance / ©
AFP
On the surface, the Austrian ski resort of Semmering looks to have adapted well to the coronavirus pandemic. Loudspeakers exhort skiers lining up in orderly queues to wear FFP2 masks and respect distancing measures.
But whatever the precautions, the fact that some Austrians are skiing at all has prompted the ire of others stuck indoors during the country s third coronavirus lockdown, despite the country s reputation as a ski nation .
Among those hitting the pistes is businessman Robert Buchmeyer, an avid skier since he was six.
With hotels still shut to all but businesses travellers, he had to scrap his annual week-long ski vacation. ....

Spital Am Semmering , Rudolf Muellner , Nicola Werdenigg , Peter Zellman , Robert Buchmeyer , Institute Of Leisure , European Union , Tourism Research , University Of Vienna , Austrian Institute Of Economic Research , Christmas Eve , Austrian Institute , பீட்டர் ஜெல்ல்மான் , நிறுவனம் ஆஃப் ஓய்வு , ஐரோப்பிய தொழிற்சங்கம் , சுற்றுலா ஆராய்ச்சி , பல்கலைக்கழகம் ஆஃப் வியன்னா , ஆஸ்திரேலிய நிறுவனம் ஆஃப் பொருளாதார ஆராய்ச்சி , கிறிஸ்துமஸ் ஈவ் , ஆஸ்திரேலிய நிறுவனம் ,