01785cas a2200241 a 4500 AALejournalIMF006709 230101c9999 xx r poo 0 0eng d 5.00 USD 9781455205530 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Austria : 2010 Article IV Consultation; Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Austria. Washington, D.C. : International Monetary Fund, 2010. 1 online resource (49 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students Austria's recession had limited effects on unemployment. Investment declined sharply but consumption helped cushion the recession, supported by tax cuts and various labor market measures together with large increases in real wages. Austria's fiscal position has weakened significantly in recent years, although to a lesser extent than the euro area average. The authorities' plan to embark on a decisive fiscal consolidation path is welcomed. They recognized, however, that reducing the share of foreign exchange loans, while providing continued financing to central and southeastern Europe, will be challenging. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2010/276 Full text available on IMF http://elibrary.imf.org/view/journals/002/2010/276/002.2010.issue-276-en.xml IMF e-Library