Austria expects slow economic growth, high unemployment


(MENAFN) The economic growth in Austria is expected remain weak in the period between 2014 and 2018 accompanied by high unemployment, Xinhua reported



The Austrian Institute of Economic Research (WIFO) expects a 1.8 percent annual real gross domestic product (GDP) during the four-year period



Annual job growth in Australia is expected to come at 0.8 percent in the period as WIFO forecasts unemployment to hit 7.9 percent by 2015



The jobless rate is forecasted to drop to 7.7 percent by 2018


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