Eurostat: Romania posts highest Q3, 2011 quarterly economic growth rate in EU

Whereas economic growth in the Eurozone and the European Union overall was 0.2 percent in Q3, 2011 on a quarterly basis, Romania's Gross Domestic Product (GDP) advanced 1.9 percent. Second was Estonia, with a 0.8-percent GDP growth.

Compared with the same quarter of the previous year, Romania's Q3, 2011 growth rate was third in the EU, at 4.5 percent, behind Estonia's 7.9 percent and Lithuania's 7.2 percent. Both the Eurozone and the European Union overall recorded a Q3, 2011 year-over-year rise in the GDP of 1.4 percent.