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Category: Economy

How sustainable is the monetary adjustment?

How sustainable is the monetary adjustment?

Unlike what was seen in Cambiemos’ management, in monetary matters the new Government has been applying a restrictive monetary policy that is consistent with the

“Down with the non-wage labor costs!”

“Down with the non-wage labor costs!”

Erich Frommwald, Holger Bonin, Doris Hummer, Erich Lehner, Martin Lehner Image: WKO/Wiesler Rising energy and wage costs have caused Austria’s economy to lose international competitiveness.