The final data on the year 2017 by the European Union statistical bureau Eurostat showed that both the economy of the EU and the euro area had expanded at the quickest pace since 2007.
Economist Ryan Djajasaputra of the South-African, British banking group Investec evaluated that much of the growth in 2017 had been driven by the eurozone’s core four economies: Germany, France, Italy and Spain, while Eastern European economies, including Latvia and Slovakia, were growing “particularly fast”. (BNN/Business World Magazine)