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| The government has introduced legislation that supports the deveopment of Austria’s stock market. |
AUSTRIA’S STOCK MARKET was a sleepy backwater for most of the past decade but sprang to life last summer. The ATX index has doubled over the past 18 months, making Austria the best-performing market in western Europe. As the Wiener Börse breaks all-time highs on nearly a monthly basis, investors are streaming into Vienna. Austria has arguably become the first western European country to benefit directly from the enlargement of the European Union in May 2004.
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