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t) Legislative branch: bicameral Federal Assembly (Bundesversammlung) consists of an upper council or Federal Council (Bundesrat) and a lower council or National Council (Nationalrat) *Austria, Government Judicial branch: Supreme Judicial Court (Oberster Gerichtshof) for civil and criminal cases, Administrative Court (Verwaltungsgerichtshof) for bureaucratic cases, Constitutional Court (Verfassungsgerichtshof) for constitutional cases Leaders: Chief of State: President Thomas KLESTIL (since 8 July 1992) Head of Government: Chancellor Franz VRANITZKY (since 16 June 1986); Vice Chancellor Erhard BUSEK (since 2 July 1991) Member of: AfDB, AG (observer), AsDB, Australia Group, BIS, CCC, CE, CEI, CERN, COCOM (cooperating country), CSCE, EBRD, ECE, EFTA, ESA, FAO, G-9, GATT, IADB, IAEA, IBRD, ICAO, ICC, ICFTU, IDA, IEA, IFAD, IFC, ILO, IMF, IMO, INTELSAT, INTERPOL, IOC, IOM, ISO, ITU, LORCS, MINURSO, MTCR, NAM (guest), NEA, NSG, OAS (observer), OECD, PCA, UN, UNCTAD, UNESCO, UNDOF, UNFICYP, UNHCR, UNIDO, UNIKOM, UNOSOM, UNTAC, UNTSO, UPU, WCL, WFTU, WHO, WIPO, WMO, WTO, ZC Diplomatic representation in US: chief of mission: Ambassador Friedrich HOESS chancery: 3524 International Court NW, Washington, DC 20008-3035 telephone: (202) 895-6700 FAX: (202) 895-6750 consulates general: Chicago, Los Angeles, and New York US diplomatic representation: chief of mission: Ambassador Roy Michael HUFFINGTON chancery: Boltzmanngasse 16, A-1091, Unit 27937, Vienna mailing address: APO AE 09222 telephone: [43] (1) 31-339 FAX: [43] (1) 310-0682 consulate general: Salzburg Flag: three equal horizontal bands of red (top), white, and red *Austria, Economy Overview: Austria boasts a prosperous and stable socialist market economy with a sizable proportion of nationalized industry and extensive welfare benefits. Thanks to an excellent raw material endowment, a technically skilled labor force, and strong links to German industrial firms, Austria occupies specialized niches in European industry and services (tourism, banking) and produces almost enough food to feed itself with only 8% of the labor force in agriculture. Increased export sales resulting from German unification, continued to boost Austria's economy through 1991. However, Germany's economic difficulties in 1992 slowed Austria's GDP growth to 2% from the 3% of 1991. Austria's
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