The crisis is deeper than we think:
Growth is only happening in the public sector; the productive sector is shrinking. This is a sure path to ruin.
diepresse.com/19990377/die-krise-ist-tiefer-als-wir-glauben
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Economic Output Stagnates Amid State Sector GrowthAustria faces six lost years as 2025 real GDP remains at 2019 levels amid shrinking productive sectors.
Key FactsAug 13, 2025 · Reading time: ~45 sec.
Summary created with AI assistance · Source: diepresse.com
Summary created with AI assistance · Source: diepresse.com
- Austria's real economic output has not improved since 2019, standing at the same level in 2025 as six years prior.
- Growth is limited to the public sector, while the productive industries continue to contract.
- Revised GDP data from Germany reveal a real economic decline rather than stagnation since 2019.
- Debt-funded measures to boost purchasing power have so far masked the deeper economic crisis from consumers.
No recipe against the price-wage spiral.— Social partners' leaders Wolfgang Katzian (ÖGB) and Harald Mahrer (WKO) comment on the current economic situation.
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