82) When, in 1936 the Steyr 5083 (the 'Steyr Baby') came onto the market as a small, affordable car, Steyr reckoned that people with a monthly income of at least 1,000 Austrian schillings
really could afford the standard version costing 4,500 Austrian schillings
, and that motorcyclists, in particular those with sidecars, would upgrade.
In 1960, Austria had a gross domestic product (GDP) per capita of 23,110 Austrian schillings
, ranking 14th in the world.
Since 1976, the Austrian schilling
has been closely tied to the Deutschmark; the consequence has been a continuous effective appreciation of the schilling.
Hence, as a result of the enhanced credibility of the Austrian schilling
, a negative short term interest rate differential opened up against Germany in September 1992, suggesting an unusual negative "country risk" premium against the anchor country.
Holographic and optically variable banknote foils have come a long way since their first public use as surface-mounted patches on the Austrian schilling
back in the 1988.
Thomas Cook says it will change Austrian schilling
, Belgian franc, Finnish mark, French franc, German deutschmark, Greek drachma, Irish punt, Italian lira, Luxembourg franc, Dutch guilder, Portuguese escudo and Spanish peseta notes into sterling between now and the end of February 2002.
Kurz produced the foil for the first DOVID on a banknote -- the Austrian schilling
-- in 1989, and has subsequently produced DOVIDs for many other banknotes as well.
With Polonia's premium income of about Austrian schilling
1 billion ($68 million) in 1999, the UNIQA group will thereby double its share of revenue generated from outside Austria.
The RZB CreditWatch placement highlights the sizable exposure of the RZB group to Russia, which is reportedly about Austrian schilling
(Asch) 4 billion ($330 million at ASch12.