Expatica - Dutch economy is worst performer in European Union
Expatica
Dutch economy is worst performer in European Union
The Netherlands has the worst performing economy of all 25 countries in the European Union. The European statistics agency Eurostat reported on Thursday that economic prosperity in the Netherlands dropped by 0.5 percent in the first quarter when compared with a year earlier. Only Italy and Malta came close to this poor result with 0.2 percent and 0.1 percent drops respectively. The union as a whole registered economic growth of 1.4 percent when compared with the year earlier. Compared to the preceding quarter, the EU's economy grew by 0.5 percent This is yet again lower than the US and Japan which saw their economies grow by 0.9 percent and 1.2 percent respectively.
