Eurostat: Czechia performing worst economically among V4 countries

The EU's economy stagnated again in the third quarter of this year according to the latest Eurostat data. In a year-on-year comparison, the GDP growth rate of the 27 member countries slowed to 0.1 percent from 0.4 percent in the second quarter.

The Czech economy fell by 0.3 percent in the third quarter, while the year-on-year decline remained at 0.6 percent. Of the Visegrad Group (V4) countries (Czechia, Slovakia, Poland and Hungary), Czechia was the only country that saw a quarter-on-quarter economic decline.