New growth stats from Eurostat show a slow growth in Central Europe and a stronger growth in eastern Europe

As new stats from Eurostat is published, numbers show that the economic growth in the eurozone has gone up 1,7%.

The economic growth in Europe’s biggest country, Germany, has risen with just above 1% after a decline in the third quarter as a result of problems in the auto industry. Though, Germany has a rising optimism in investments within construction.

It is a different story when we look toward the east, where GDP growth is surpassing that of the western European countries.
Especially Hungary and Poland have shown great growth with 5% and 5,7% GDP growth respectively.

If we take a look at the yearly growth in GDP for EU members – the eastern European countries are showing great promise.
As an example, Denmark had a growth in 2018 of 1,8%, Great Britain 1,3% and Germany 1,9%.
In the eastern region, Rumania shows growth of 3,7 %, Bulgaria 2,8%, and Croatia 2,6 %.
The figures are obtained from the Eurostat statistical office and the European Commission’s forecast.

The future growth for Europe is looking bright. We see an increasing middle class across Europe – meaning higher employment rates and better salaries.

Also, the economical politics in Europe are positive with low-interest rates and according to experts, Brexit will not be a major threat to the growth in Europe – it will more likely be Great Britain that will pay the price.

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