Romania: Growth Leader in the EU

BusinessEconomy ♦ Published: November 16, 2013; 09:04 ♦ (Vindobona)

In the first three quarters, Romania´s economic growth rate reached 2.7%

Romania: Growth Leader in the EU / Picture: © Wikimedia Commons [CC0 1.0] / Pixabay [CC0 Creative Commons]

With a year-on-year growth of 2.7%, Romania´s GDP growth is above the expectations. According to the forecasts of the European Commission, Romania´s GDP growth was expected to reach 2.2%.

In the third quarter, the quarterly growth rate even came at 4.1%. In the EU, this is the highest growth rate. The EU member countries only achieved a growth rate of 0.2% in the same…