The EU economy grew at its fastest rate in ten years in 2017, signing up a 2.5 %increase on the year
before.It is the highest yearly development considering that 2007, when the economy widened by 2.7%.
The bloc of 28 countries put in a strong performance in the last quarter of the year, growing 0.6%, mainly driven by terrific monetary emerge from Germany, Spain and France.However, Eastern European states consisting of Slovakia and Bulgaria also contributed.The figures, launched by the European Union stats workplace Eurostat, revealed that the eurozone -that includes the 19 nations using the single currency-also had a good year, with GDP development of 2.5 %. Advertisement The strength of the figures expose the degree to which the UK has
been tracking its European counterparts.UK GDP grew by 1.8 %overall in 2017, the slowest rate of boost since 2012. More from European Union The EU figures
kept the FTSE 100 and European markets in an outstanding mindset for most of the early morning, with each of the primary indices up by around
0.6 %. That development reversed nevertheless after United States inflation increased by more than expected, raising concerns of that a rate increase earlier than financiers would