December 2009
Emerging Europe Monitor: Central Europe & Baltic States;Dec2009, Vol. 16 Issue 12, p10
Country Report
The article presents the risk summary of Estonia in terms of political, economic and business environment. The budget gap of the country is among the lowest in the entire emerging Europe region due to the move of the government to slash spending across the public sector. The reserve levels is expected to fall with the end-2010 forecast running at EUR2.0 billion. The pace of labour market is expected to loosening to moderate due to the riding in unemployment and commensurate wage reductions.


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