Abstract

Austria: Help Wanted
Kendrick, Alexander | July 1, 1950 issue

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A major political and economic crisis is overdue in Austria. It has been held off mainly by the belief that the four-power occupation would soon end. The latest Soviet maneuvers against a state treaty have now delayed the end indefinitely, and trouble lies ahead. The economy is compounded of such elements as rising prices and frozen wages, increasing unemployment, communist-led strikes, differences within the governing Catholic-Socialist coalition, and the rapid growth of new ultra-nationalistic but pro-Soviet political groups.

See Also:

AUSTRIA -- Economic conditions -- 1945-; UNEMPLOYMENT; INTERNATIONAL relations; FINANCIAL crises; PRICES; AUSTRIA
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