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Slovakia’s second-quarter GDP growth second in the EU

The second estimate of Eurostat, the Statistical Office of the European Union, put second-quarter GDP growth in Slovakia at 9.4 percent – making it the second-highest year-on-year growth out of all the EU countries that submitted data to Eurostat.

This estimate is based on data that takes seasonal influences into account.

Compared with the first quarter of 2007, Slovakia's economy improved by 2.4 percentage points.

The economy of the 27-member European Union grew 2.8 percent year-on-year and 0.5 percent compared with the first quarter of 2007. In the 13-member Eurozone, second-quarter GDP growth was 2.5 percent year-on-year and 0.3 percent from the first quarter.

By comparison, the second-quarter GDP growth rate in the United States was 1.9 percent year-on-year, and 0.9 percent compared to the first quarter.

-SITA

Compiled by Zuzana Vilikovská from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

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