Eurozone Records Slight Growth in Q4 2013 - Eurostat
The Euro area shows signs of recovery, recording a 0.3% growth in the gross domestic product in Q4 of 2013, according to data released by Eurostat Wednesday.
Compared with the same quarter of the previous year, seasonally adjusted GDP rose by 0.5% in the Euro area.
Among Member States for which Eurostat data are available for Q4 of 2013, Sweden (+1.7%), the Czech Republic (+1.6%), Romania (+1.5%), Lithuania and Slovenia (both +1.2%) recorded the highest growth compared with the previous quarter. Cyprus (-1.0%), Denmark (-0.5%), Finland(-0.3%) and Estonia (-0.1%) registered decreases.
Economy's driving force in Q4 were investments which increased by 1.1%, according to Eurostat data. Consumption recorded a slight increase by 0.1%.
- » Sofia’s Airport Takes Measures to Battle Illegal Taxis
- » ECB 'to Extend Backstop to Bulgaria' over Greece Crisis
- » NATO Secretary General Inaugurates Force Integration Unit in Romania
- » Turnover of Bulgarian Stock Exchange Down 68% Y/Y in H1, 2015
- » Bulgaria Moves to Criminalize Unauthorized Coal Mining
- » Bulgarian Development Bank to Get EUR 150 M for Energy Retrofitting of Homes