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European Union economy projected to grow by 4.2pc in 2021

| Updated: May 18, 2021 11:28:54


European Union economy projected to grow by 4.2pc in 2021

The economy of the 27-member European Union (EU) will grow by 4.2 per cent in 2021 and 4.4 per cent in 2022, higher than the previous estimate, the European Commission said Wednesday in its Spring Forecast.

The Winter Forecast made in February had projected that the EU economy would grow by 3.7 per cent in 2021 and 3.9 per cent in 2022, reports Xinhua.

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