Economy Slows As Confidence Falls

February 2008
Emerging Europe Monitor: Central Europe & Baltic States;Feb2008, Vol. 15 Issue 2, p10
Country Report
The article presents an economic outlook for Estonia in 2008. According a statement published in December 2007 by the Bank of Estonia, the country's economy is adjusting to a more moderate growth path which will last for a year. Furthermore, the central bank is urging companies to review their business plans and advised employers and employees to adjust their wage expectations to assure the continuing competitiveness of Estonia's economy.


Related Articles

  • ESTONIA.  // Emerging Europe Monitor: Russia, Ukraine & Baltics;Mar2004, Vol. 8 Issue 3, p6 

    This article presents statistical information on economic conditions of Estonia. Despite a slight fall in the rate of growth in 2003, expansion is expected to stay comfortably above 5.0% over the next few years. Moreover, notwithstanding upward exchange rate pressures, the Estonian economy...

  • Economy Slows But Risks Remain.  // Emerging Europe Monitor: Central Europe & Baltic States;Oct2007, Vol. 14 Issue 10, p10 

    The article presents an economic outlook for Estonia in 2007. The country's economic growth declined in the second quarter of 2007 which influenced the decision of officials to adopt a sustainable economic expansion rate. The Ministry of Finance estimates that economic growth will slow down to...

  • Budget To Remain In Deficit.  // Emerging Europe Monitor: Central Europe & Baltic States;Nov2008, Vol. 15 Issue 11, p10 

    The article presents the views of Business Monitor International on the economic prospects for Estonia. Deficits for 2008 and 2009 are expected due to revenue growth stall on the back of a recession. The effects of the fiscal proposal is presented for a balanced 2009 budget. The impact of...

  • Net Exports To Surge.  // Emerging Europe Monitor: Central Europe & Baltic States;Jun2010, Vol. 17 Issue 6, p10 

    The article focuses on the economic outlook for Estonia from 2010-2014. It mentions that goods trade account will increase into surplus for the first time. It emphasizes that the improvement in the trade account will be a key driver of the country's macroeconomic recovery with growth forecast to...

  • RISK SUMMARY: ESTONIA.  // Emerging Europe Monitor: Central Europe & Baltic States;Feb2006, Vol. 13 Issue 2, p10 

    The article highlights the political and economic risks in Estonia as of February 2006. The failure of Baltic Rail Services to invest in railway infrastructure made the Estonian cabinet impose a fine to the firm. Economic growth of the country increased by 9.2% for the first nine months of 2005....

  • North Korea's Statistical Fog.  // Asia Monitor: China & North East Asia Monitor;Aug2004, Vol. 11 Issue 8, p12 

    North Korea's economy will barely grow for the next few years, with the nation's financial and social welfare remaining dangerously dependent on a trickle of foreign aid, sporadic revenue from arms sales, and the goodwill of the Stalinist nation's immediate neighbors, China and South Korea....

  • Fed notes continued economic growth.  // North Western Financial Review;12/15/2006, Vol. 191 Issue 24, p30 

    The article reports that Federal Reserve district banks have continued its growth during October to November 2006 in the U.S. It is stated that automobile and housing related sales has increased the consumer spending for the holiday season. In addition, growth in other service-producing...

  • Estonia: Drop in demand.  // OECD Observer;Dec2008/Jan2009, Issue 270/271, p76 

    The article presents forecasts on the state of the economy in Estonia for fiscal year 2009 and 2010.

  • Country Intelligence: Report: Estonia.  // Estonia Country Monitor;Jun2011, p1 

    The article focuses on the economic forecasts and present development in Estonia. It states that the economy of the country is expected to slow down during the second half of 2011 to 2012. It mentions that the country has survived from the recession while the gross domestic product (GDP) has...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics