EU reports an increase in GDP

Thursday, 15 January 2004 15:55:43 (GMT+3)   |  

EU reports an increase in GDP

As per the data published by EU statistics institution Eurostat, GDP (Gross Domestic Product) in the 15 member states of European Union (EU) and Euro zone was up by 0.4% in the third quarter of 2003. In the second quarter of 2003, GDP dropped by 0.1% in Euro zone and remained stable in EU. However, GDP increased by 0.3% in the Euro zone and by 0.6% in EU when compared with the same period of last year. In the third quarter of 2003, highest GDP rates are recorded in Greece with 1.8%, Finland and UK with 0.8% and Spain with 0.7%.

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