Country report Austria - Work Package 1 Ex post evaluation of Cohesion Policy programmes 2007-2013, focusing on the European Regional Development Fund (ERDF) and the Cohesion Fund (CF)
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As a result of the economic and financial crisis, GDP in Austria declined between 2007 and 2009, like in most other Member States, but growth resumed quickly in the following two years. Nevertheless, since 2012, economic growth has been slow. Despite the crisis, employment continued to increase and the employment rate remained well above the EU27 average, the unemployment rate being one of the lowest in the EU. Except temporarily in 2009 and 2010, the public sector balance only saw a small deficit over the period, held down by fiscal consolidation measures.
Regional disparities remained relatively small in Austria over the programming period. However, Burgenland, the Phasing-out region receiving ERDF funding under the Convergence Objective, performed on average slightly better than other regions in terms of GDP per head, despite structural disadvantages.
Overall ERDF support to Austria amounted to EUR 646 million over the period, equivalent to just under 1% of overall government capital expenditure, though more in Burgenland than in other regions. Support was mostly concentrated on innovation, RTD and enterprises. Over the period, there were only small changes to the initial plans.
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