The EU’s economy grew in the first quarter, the Hungarian growth is at the forefront

On a quarterly basis the European Union’s GDP increased by 0.3 percent, on an annual basis the increase was 1.4 percent in the first quarter of 2014 – the EU's statistical office, the Eurostat announced on Wednesday.

According to Eurostat’s seasonally adjusted estimated datas, the GDP of the euro zone increased by 0.2 percent on a quarterly basis, and on an annual basis by 0.9 percent.

Among the Member States on a quarterly basis, the GDP growth was measured in Hungary and in Poland (1.1 percent), followed by Denmark (0.9 percent), and Germany and Great Britain (0.8 and 0.8 percent). (MTI)