ECONOMY

Greek growth rate higher than any other eurozone state

Greek growth rate higher than any other eurozone state

Greece recorded the biggest GDP growth rate in the eurozone in the third quarter of 2021 (+13.4%), Eurostat said on Tuesday.

In an announcement, the EU executive’s statistics agency said that eurozone GDP grew 3.9% in the third quarter compared with the same period in 2020, while EU GDP grew 4.1%. The GDP grew 14.4% and 13.8% in the second quarter, respectively.

On a quarterly basis, seasonally adjusted GDP grew by 2.2% in the eurozone in the third quarter and by 2.1% in the EU.

In Greece, GDP grew by 2.7%. Austria (3.9%), France (3%) and Portugal (2.9%) recorded the biggest GDP growth rates on a quarterly basis, while Romania and Slovakia (0.4% each) reported the lowest GDP growth rates.

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