Austria Country Risk Report Q2 2015 - New Study Released

From: Fast Market Research, Inc.
Published: Fri Apr 10 2015

Core Views

* During 2015-2016 we expect subdued but stable growth. However, the drivers of this growth will change from previous years.
* Weak external demand, particularly in the eurozone, will cause a reduction in net export contributions to growth compared to 2012-2013. Private consumption will remain stable with a significant increase not expected until 2016. Net exports will have a reduced yet positive contribution. This diminished export demand will cause a drag on investment and capital formation over the coming years.
* It remains our view that the cabinet reshuffle and change in leadership of the Austrian People's Party (ÖVP) will not significantly alter the functioning of the 'grand coalition'. However, we expect to see continued gains from opposition parties over the course of 2015-2016 particularly the far-right FPÖ party given their hard-line stance on Muslim integration and asylum seekers which remains a highly topical issue in Austria at present.

Full Report Details at

Key Risks To Outlook

* If conditions affecting external demand were to deteriorate further this may cause Austrian economic growth to materialise later than expected. A subsequent effect of this may be the curtailing of labour costs in export focused industries, leading to an increase in unemployment and a reduction in household consumption. On the upside, a significant improvement in external economic activity, particularly in the eurozone, would quicken the pace of an Austrian recovery though this possibility does not align with our respective forecasts.
* On the political front, in light of growing support for the far right Freedom Party in 2014, should this party gain significant traction or be elected into a position of power we feel this would negatively affect Austria on an international level both economically and politically.

The Austria Country Risk Report helps businesses with market assessment, strategic planning and decision making to promote growth and profitability in Austria. It is an essential tool for CEOs, Chairmen, Finance Directors/CFOs, Managing Directors, Marketing/Sales Directors with commercial interests in this emerging market.

An influential new analysis of Austria's economic, political and financial prospects through end-2019, just published by award-winning forecasters, Business Monitor International (BMI).

Key Uses

* Forecast the pace and stability of Austria's economic and industry growth through end-2019.
* Identify and evaluate adverse political and economic trends, to facilitate risk mitigation.
* Assess the critical shortcomings of the operating environment that pose hidden barriers and costs to corporate profitability.
* Contextualise Austria's country risks against regional peers using BMI's country comparative Risk Index system.

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Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
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Contact Phone: 1-413-485-7001

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