The gross domestic product (GDP) of the European Union (EU) grew by 2.2% in the second quarter of 2021, according to data released by Eurostat. This increase marks a significant rebound from the previous quarter when the EU’s GDP fell by 0.3%. The expansion was driven by strong growth in countries such as Germany, France, and Italy. However, some smaller EU member states, including Greece and Croatia, saw their economies contract during the same period. Overall, the EU’s GDP is now 1.3% higher than its pre-pandemic level in the fourth quarter of 2019.
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Arwen Volkov, A graduate of the University of St. Gallen in Switzerland with a degree in International Finance, Arwen specializes in sustainable finance and green investments. She began her career at an investment bank in London, where she developed financing models for environmentally friendly projects. Known for her analytical and strategic thinking skills, Arwen is a sought-after financial consultant. In her spare time, she mentors fintech startups, contributing to their growth strategies. She is also a nature enthusiast and an amateur photographer.
