Xinhua world economic news summary at 0930 GMT, May 12
Xinhua world economic news summary at 0930 GMT, May 12 Xinhua 12 May 2021, 22:05 GMT+10 BRUSSELS -- The economy of the 27-member European Union (EU) will grow by 4.2 percent in 2021 and 4.4 percent 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 percent in 2021 and 3.9 percent in 2022. (EU-Economy-Growth) - - - - SEOUL -- South Korea's employment growth hit an 80-month high in April, indicating an economic recovery from the COVID-19 pandemic sh...