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.