Slovakia’s GDP grew faster than EU or eurozone averages

Slovakia’s GDP grew faster in the second quarter of this year, both in quarterly and annual terms, than the EU or eurozone averages, according to figures published by the EU Statistics Office Eurostat on Wednesday, October 6.

Slovakia’s GDP grew faster in the second quarter of this year, both in quarterly and annual terms, than the EU or eurozone averages, according to figures published by the EU Statistics Office Eurostat on Wednesday, October 6.

The GDP of the 16-member eurozone and the 27-member EU both grew by 1 percent quarter-on-quarter, the SITA newswire reported, citing Eurostat. The Slovak economy meanwhile grew by 1.2 percent in the April-June period compared to the first quarter of 2010. Compared with the same period of last year, the economy of the eurozone grew by 1.9 percent in Q2 and the GDP of the EU-27 by 2 percent. By comparison, Slovak GDP grew by 5 percent year-on-year in the same period, which represented the fastest growth among all the countries for which Eurostat had data.

Source: 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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