Economic Growth: Baltic Countries Ahead

BusinessEconomy ♦ Published: February 14, 2013; 15:11 ♦ (Vindobona)

Euro area GDP down by 0.6% and EU27 down by 0.5%. The CESEE countries show mixed results. Lithuania, Estonia and Latvia have performed best in 2012.

Economic Growth: Baltic Countries Ahead / Picture: ©

GDP fell by 0.6% in the euro area1 (EA17) and by 0.5% in the EU271 during the fourth quarter of 2012, compared with the previous quarter, according to flash estimates2 published by Eurostat, the statistical office of the European Union. In the third quarter of 2012, growth rates were -0.1% and +0.1%…