Eurozone economy grows 2.1% in Q3

Eurozone economy grows 2.1% in Q3

Greek Cypriot administration, Portugal, Romania post highest GDP growth rates year-on-year

By Gokhan Ergocun

ISTANBUL (AA) - The eurozone economy has grown by 2.1% year-on-year in the third quarter, official figures showed on Tuesday.

The 27-member bloc's economy has also posted a growth rate of 2.4% over the same period, Eurostat said.

Among member states, the Greek Cypriot administration posted the highest GDP growth with 5.4%, followed by Portugal with 4.9%, and Romania with 4.7%, while Latvia saw a negative figure of minus 0.4%.

Quarter on quarter, both the euro area and the union's GDP growth rate was 0.2%.

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