The EU Economy with the Fastest Growth since 2007

Business » FINANCE | February 14, 2018, Wednesday // 18:36
Bulgaria: The EU Economy with the Fastest Growth since 2007

In 2017, the economic growth of the European Union was the most significant for a decade, according to Eurostat.

The EU economy grew by 2.5% - the best data from 2007, when the value was 2.7%.

Only in the last quarter of last year both the EU and the eurozone have grown by 0.6 percent on a quarterly basis.

That's exactly how strong are the economies of Germany and France can boast, while in Spain they even registered 0.7% growth.

Economists, however, underline that economies like Latvia and Slovakia have also reported rapid and steady growth.

Over the past year, euro area GDP has risen by 2.5%, the fastest growth since 2007, when a 3% jump was reported.

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Tags: European Union, growth, economy
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