The USA grows faster in economic terms than the EU

August 14,2015-10:30 AM

The annual growth of the American GDP for the second quarter of 2015 is 2.3% against 1.6% of the EU and 1.2% of the Eurozone. On annual basis the Bulgarian economy has increased its growth rate to 2.2% in the second quarter of 2015 and thus exceeding the average growth rate in the EU. However, the Czech Republic and Poland attained growth rates of 4.4% and 3.6%. Spain continues to be one of the best performing big economies in the EU, its growth rate for the second quarter of 2015 being 3.1%. The biggest European economy - Germany, has increased with 1.6% on annual basis. The actual GDP of the EU is currently reaching the levels of 2008, while the USA demonstrates a considerable economic recovery.

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