Tight Budget Dynamics Here To Stay

March 2011
Emerging Europe Monitor: Central Europe & Baltic States;Mar2011, Vol. 18 Issue 3, p10
Country Report
The article presents an economic outlook for Estonia as of March 2011. It informs that the country's fiscal dynamics will remain progressive and expected to narrow to 1.8% of gross domestic product (GDP) of 2010. It also mentions that the country has not once breached the 3.0% of fiscal shortfall limit set by the Maastricht treaty. Moreover, it confirms that the sovereign's low level of leverage will support the fiscal dynamic stability.


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