Budget To Remain In Deficit

November 2008
Emerging Europe Monitor: Central Europe & Baltic States;Nov2008, Vol. 15 Issue 11, p10
Country Report
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 macroeconomic conditions are described in relation to government targets and political stability. Caution is given with the possibility of the eurozone economy slowing further.


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