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Romania, among countries with highest economic growth in EU

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Romania, among countries with highest economic growth in EU

Malta, the Czech Republic and Romania recorded the highest economic growth rates in the European Union in the second quarter of the year compared to the same period in 2014.

Malta’s economy grew by 4.8%, the Czech Republic posted an economic growth of 4.4%, whereas Romania’s economy went up by 3.7%, according to EU’s statistical service Eurostat. All the EU member states had economic growth in this period, except for Finland, which recorded zero growth.

In the second quarter, the GDP grew at an annual rate of 1.9% in the EU and by 1.5% in the euro zone.  Compared to the previous three months, however, Romania, the Netherlands and Austria recorded the lowest growth rate in EU, in the second quarter of the year, namely 0.1%. With a 1.2% growth rate, Latvia had the highest growth rate compared to the previous quarter.