





Romania had EU's third highest GDP contraction
In Q1 2010, EU and the euro zone reported a GDP increase of 0.2%. In Q4 2009, the economy of the European Union and of the euro zone reported an increase of 0.1% and 0% respectively.
According to available data, with a GDP drop of 2.5%, Romania had the third highest GDP contraction in the EU in Q1 2010 as compared to the same period in 2009. The highest drops of the GDP were reported by Latvia (-5.1%) and Lithuania (-2.8%).