There is a psychological effect. People want to feel that they are making progress, that it is getting better. Whoever has a job wants to see his salary rise after a while. If the level of prosperity increases for almost everyone – which is only possible with steady economic growth – then the feeling of.
The economic upswing in recent years has led to optimism in large parts of Europe. After years of recession or stagnation in numerous European countries, stronger economic growth and falling unemployment have been recorded, although unemployment in large parts of the euro area remains higher than before the onset of the financial crisis. Austria also.