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Romania’s 1Q GDP Growth More Than Triple The EU Avg

Romania’s first-quarter gross domestic product growth, of 8.2% on the year, was more than triple the average economic growth in the European Union, according to data of the EU’s statistical office Eurostat.
Romania’s 1Q GDP Growth More Than Triple The EU Avg
03 iun. 2008, 13:58, English

Romania ranks second in the 27-member bloc by economic growth, overtaken by Slovakia, with a first-quarter GDP growth of 8.7%.

The gross domestic product of the EU-27 grew an average 2.5% on the year in the first quarter of 2008.

Romania was followed by Lithuania (6.7%), Poland (6.4%) and the Czech Republic (5.4%), while the poorest economic growth in the EU was registered in Italy (0.2%), Estonia (0.4%), Hungary (0.7%) and Portugal (0.9%).

Eurostat did not dispose of GDP data in seven EU states: Bulgaria, Denmark, Finland, Ireland, Luxemburg, Malta and Slovenia.

First quarter economic growth in the Eurozone stood at 2.2%.