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%.
- » Why Trading with Other Countries or Interstate is Good for Your Business
- » Europol Arrests 107 Suspects Over Human Trafficking
- » Bulgarian Patriarch: 'Schools and Church Must Work Together for the Prosperity of Bulgaria'
- » CEZ Distribution to Make Huge Investment in Blagoevgrad Region in 2017
- » Bulgaria will have Advertising Billboards in New York
- » IMF Confirms its Predictions for Growth of the World Economy