Arab Today, arab today economists warn of new recession in austria
Last Updated : GMT 21:53:08
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Economists warn of new recession in Austria

Arab Today, arab today

Arab Today, arab today Economists warn of new recession in Austria

Vienna - KUNA

Austria is on the edge of yet another recession, said economic experts at an event held in Vienna. Economist Monika Merz-Gehring said at the event which was held last night that Austria and Germany liked to talk about a Eurozone recession, but it could well effect them too. \"The European recession is being brought about with austerity in the most professional fashion possible,\" said Merz-Gehring critically. The Viennese economist warned of a so-called \"double-dip\" recession - an economic downturn with two low points. Merz-Gehring suggested that to combat the crisis, university subjects like maths, computer science, natural sciences and engineering should be supported more. This could help stimulate economic growth, she pointed out

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