The country’s gross domestic product expanded by 0.3% on the year in the first quarter, while the EU average GDP growth was 2.5%, EU’s statistics office Eurostat said in a flash estimate.
All member states for which data are available posted economic growth in the first quarter, except for Greece (-4.8% compared with the first quarter of 2010) and Portugal (-0.7%).
Compared with the fourth quarter of 2010, Romanian economy grew 0.6% in January to March, while the EU average growth rate was 0.8%.
Only Portugal’s economy (-0.7%) declined in the first quarter from a quarter earlier.