Gov't says economy on recovery path, warns of Middle East risks

South Korea's economy remains on a recovery path, but downside risks are increasing due to the situation in the Middle East, the finance ministry said Friday. The Ministry of Finance and Economy made the assessment in its monthly economic report, known as the Green Book, marking the fifth consecutive month it has used the term "recovery" to describe the economy. "Recently, our economy has continued its recovery trend, supported by improving domestic demand, including consumption and strong expor

By The Korea Herald