Croatia’s economy is one of the fastest growing in the European Union according to figures just released by the Croatian Bureau of Statistics. In the third quarter of 2015 the GDP rose by 2.8 percent making Croatia among the fastest growing economies in the European bloc.

“It gives me great pleasure to tell you that in the third quarter we achieved GDP growth of 2.8 percent. This rate confirms that this government has lifted Croatia out of the economic crisis,” commented the Deputy Prime Minister Branko Grcic.

Croatia’s economy in rose 1.3 percent in the third quarter compared to the second quarter and this was the fifth consecutive quarter with growth quarter on quarter.

The average EU growth in the third quarter was 1.9 percent year on year, and Croatia’s 2.7 percent rise ranks the country as the seventh fastest growing economy in the EU.