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%.
- » Bulgarian Food Safety Agency Head Dismissed amid Extortion Allegations
- » Average Wage in Bulgaria Increased 4-fold in 2000-2015
- » Bulgaria’s State-Owned Maritsa East 2 TPP Reported Loss of BGN 38.6 M in 2014
- » Bulgarian Farmers Hit By Russia Sanctions May Expect Compensations Totaling EUR 398 000
- » Bulgarians Completed Less Tourist Trips in First Quarter of 2015
- » Bulgaria Backs Idea for Gas Ring with Romania, Hungary, Slovakia