TITLE

Real Risks Of A Kroon Devaluation

PUB. DATE
March 2009
SOURCE
Emerging Europe Monitor: Central Europe & Baltic States;Mar2009, Vol. 16 Issue 3, p10
SOURCE TYPE
Country Report
DOC. TYPE
Article
ABSTRACT
The article discusses an economic outlook for Estonia for 2009. It is predicted that the kroon will devaluate because of the worsening macroeconomic conditions in the country. Low demand for exports is expected to affect the ability of the government to maintain the peg to the euro. It is forecasted real gross domestic product (GDP) growth in 2009 is -6.4 percent.
ACCESSION #
36457943

 

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