27/12/2001 15:42
The European Union’s statistical service published the latest quarterly Gross Domestic Product growth rates for the candidate countries which are comprised by Bulgaria, Cyprus, the Czech Republic, Estonia, Hungary, Latvia, Lithuania, Malta, Poland, Romania, the Slovak Republic, Slovenia and Turkey.
Growth rates are based on changes between corresponding quarters in consecutive years. The second quarter of 2001 saw 8 of the 12 countries experience weaker growth than in the first quarter. Turkey suffered the most severe decline with –2.2% growth giving way to –9.3% in quarter two. Malta also slipped into negative GDP growth in the second quarter. Nine of the candidate countries, including Cyprus, grew at a faster rate than the EU-15 group.
Growth rates are based on changes between corresponding quarters in consecutive years. The second quarter of 2001 saw 8 of the 12 countries experience weaker growth than in the first quarter. Turkey suffered the most severe decline with –2.2% growth giving way to –9.3% in quarter two. Malta also slipped into negative GDP growth in the second quarter. Nine of the candidate countries, including Cyprus, grew at a faster rate than the EU-15 group.
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