Slovakia enjoys fastest GDP growth in EU

Figures released by Eurostat yesterday, 6 October, show that Slovakia’s GDP enjoyed faster quarterly and year-on-year average growth in 2Q 2010 than the rest of the European Union.

According to the data, the Slovak economy registered a 1.2% growth from April to June over the previous quarter, while the average for the eurozone and the whole of the EU was just 1%.

Slovakia outdid the eurozone also on a year-on-year comparison, as the GDP growth in the eurozone was 1.9% and in the EU-27 it was 2%, while Slovakia posted the fastest growth of all countries for which Eurostat has data, with a year-on-year GDP growth of 5%.

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