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arty or OeVP [Wolfgang SCHUESSEL]; Freedom Party of Austria or FPOe [Susanne RIESS-PASSER]; Social Democratic Party of Austria or SPOe [Alfred GUSENBAUER]; The Greens Alternative or GA [Alexander VAN DER BELLEN] Political pressure groups and leaders: Austrian Trade Union Federation (primarily Socialist) or OeGB; Federal Economic Chamber; OeVP-oriented League of Austrian Industrialists or VOeI; Roman Catholic Church, including its chief lay organization, Catholic Action; three composite leagues of the Austrian People's Party or OeVP representing business, labor, and farmers International organization participation: AfDB, AsDB, Australia Group, BIS, BSEC (observer), CCC, CE, CEI, CERN, EAPC, EBRD, ECE, EIB, EMU, ESA, EU, FAO, G- 9, IADB, IAEA, IBRD, ICAO, ICC, ICFTU, ICRM, IDA, IEA, IFAD, IFC, IFRCS, ILO, IMF, IMO, Interpol, IOC, IOM, ISO, ITU, MINURSO, NAM (guest), NEA, NSG, OAS (observer), OECD, OPCW, OSCE, PCA, PFP, UN, UNCTAD, UNDOF, UNESCO, UNFICYP, UNHCR, UNIDO, UNIKOM, UNITAR, UNMEE, UNMIBH, UNMIK, UNMOGIP, UNMOT, UNOMIG, UNTSO, UPU, WCL, WEU (observer), WFTU, WHO, WIPO, WMO, WToO, WTrO, ZC Diplomatic representation in the US: chief of mission: Ambassador Peter MOSER chancery: 3524 International Court NW, Washington, DC 20008-3035 consulate(s) general: Chicago, Los Angeles, and New York FAX: [1] (202) 895-6750 telephone: [1] (202) 895-6700 Diplomatic representation from the US: Ambassador William Lee LYONS BROWN, Jr. embassy: address telephone: [43] (1) 31339-0 FAX: [43] (1) 3100682 Flag description: three equal horizontal bands of red (top), white, and red Economy Austria Economy - overview: Austria, with its well-developed market economy and high standard of living, is closely tied to other EU economies, especially Germany's. Membership in the EU has drawn an influx of foreign investors attracted by Austria's access to the single European market and proximity to EU aspirant economies. Slowing growth in Germany and elsewhere in the world slowed the economy to only 1.2% growth in 2001; the economy is expected to do little better in 2002. To meet increased competition from both EU and Central European countries, Austria will need to emphasize knowledge-based sectors of the economy, continue to deregulate the service sector, and lower its tax burden. GDP: purchasing power parity - $220 billion (2001 est.) GDP - real growth rate: 1.2% (2001 est.) GDP - per capita: purchasing power p
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