Malta, the Czech Republic and Romania have posted the highest economic growth rates in the European Union in Q2, 2015, compared with the similar period of 2014, according to a second estimate published by Eurostat, the statistical office of the European Union, on Tuesday.
Compared with the same quarter of the previous year, seasonally adjusted GDP rose by 1.5 percent in the euro area — Belgium, Germany, Estonia, Ireland, Greece, Spain, France, Italy, Cyprus, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Austria, Portugal, Slovenia, Slovakia and Finland — and by 1.9 percent in the EU28 — Belgium, Bulgaria, the Czech Republic, Denmark, Germany, Estonia, Ireland, Greece, Spain, France, Croatia, Italy, Cyprus, Latvia, Lithuania, Luxembourg, Hungary, Malta, the Netherlands, Austria, Poland, Portugal, Romania, Slovenia, Slovakia, Finland, Sweden and the United Kingdom — in the second quarter of 2015, after +1.2 percent and +1.7 percent respectively in the previous quarter.
The highest growth rates were recorded in Malta (4.8 percent), the Czech Republic (4.4 percent) and Romania (3.7 percent). All the EU member states reported Gross Domestic Product (GDP) increases, with the exception of France, where the GDP remained stable. More…