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File: May 2015 Results

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Eastern Europe helps Austria

In a particularly remarkable way the composite index for Austria rises this month. It signals that after a long peri-od of weakness a recovery has returned to the country. An important reason for this should be the relaxation of the tensions in Ukraine. Austria benefits strongly from economic improvements in Eastern Europe as it has firm ties with the region. Apart from this, the upturn in the euro area stabilises. And while the assessment of the cur-rent US situation weakens, 6-month expectations for the United States are back on the rise!

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