May 2005
Emerging Europe Monitor: Central Europe & Baltic States;May2005, Vol. 12 Issue 5, p10
Country Report
Country Report
This section offers update on issues relating to political and economic risks in Estonia as of May 2005. The collapse of the Res Publica-led government in March 2005 signals an intense period for trading. Prime Minister-designate Andrus Ansip has attempted to establish a new coalition and prevent an early general election. The People's Union and the Centre Party have expressed their willingness to be part of Ansip's government. According to data released by Eurostat, a general government budget surplus of 1.8 percent gross domestic products (GDP) enabled Estonia to be in the third strongest budgetary position in the European Union (EU) for fiscal 2004. The total debt of Estonia to EU amounts to just 4.9 percent of GDP in 2004, making the least indebted. According to the national statistical office, the economy of Estonia expanded by 6.2 percent in real terms in fiscal 2004. Manufacturing is the single largest sector of the Estonian economy in 2004.


Related Articles

  • Growth Should Preclude Further Easing.  // Middle East Monitor: East Med;Apr2007, Vol. 17 Issue 4, p1 

    The article reports on the political risk and macroeconomic prospects in Israel. Data showing real gross domestic product growth of 8 percent quarter-on-quarter in fourth quarter 2006 reinforce the analyst's view that excessive monetary easing is unnecessary and potentially risky. To prevent...

  • Loosening The Purse Strings.  // Emerging Europe Monitor: South East Europe Monitor;Aug2005, Vol. 12 Issue 8, p5 

    The article discusses the implications of the result of elections on the economic policies of Bulgaria. It states that the victory of Bulgarian Socialist Party (BSP) in the elections will likely precede some changes to fiscal policy. The "welfare-state" approach that the BSP has pledged should...

  • ECONOMIC LANDSCAPE.  // Poland Country Profile;2012, p39 

    The article presents information on the economic condition in Poland. The country continue to experience strong and real gross domestic product (GDP) growth since 2003, which is in contrast to economic difficulties it has to endure at the end of World War II and during the post-war era until...

  • DATA & FORECASTS.  // Emerging Europe Monitor: Central Europe & Baltic States;May2005, Vol. 12 Issue 5, p10 

    This article presents the economic forecasts for Estonia in fiscal 2005 and 2006. Real gross domestic product (GDP) increased in 2004 due to robust private consumption and investment demand, and a strong pick-up in export activity. A recovery in the global telecommunications sector also...

  • Peru.  // Political Risk Yearbook: Peru Country Report;2009, preceding p2 

    This article presents a country risk report for Peru. It forecasts such areas as the current government's likelihood of surviving within the next five years, level risk to international business within the same period and the average gross domestic product growth rate between 2009 and 2013. It...

  • New Economy Ratings.  // Latin America Monitor: Mexico Monitor;Jun2007, Vol. 24 Issue 6, p2 

    This article talks about the new economic risk ratings used by the periodical. The short-term ratings are now broken down into five components which are economic activity, monetary indicators, fiscal indicators, external indicators and financial indicators. In evaluating real gross domestic...

  • Country Risk Summary: COLOMBIA.  // Latin America Monitor: Andean Group Monitor;Feb2004, Vol. 21 Issue 2, p4 

    The article presents the political risk of the country of Colombia. The failure of the referendum on fiscal reform was undoubtedly a major setback for President Alvaro Uribe and he will have to employ all of his political guile to push his reforms through Congress in 2004. The passage of a...

  • Argentina: 75% Haircut Still Fractious.  // Latin America Monitor: Southern Cone Monitor;Feb2004, Vol. 21 Issue 2, p1 

    Reports on the economic and political conditions of Argentina as of February 2004. Fiscal surplus in December 2003; Debt of the country to the International Monetary Fund; Third quarter gross domestic product of the country in 2003.

  • RISK SUMMARY.  // Emerging Europe Monitor: Central Europe & Baltic States;May2005, Vol. 12 Issue 5, p11 

    This section offers update on issues relating to political and economic risks in Latvia as of May 2005. The local government elections were held in Latvia on March 12, 2005. The People's Party and New Era, which form the government at the national level, had emerged as first and second in terms...


Read the Article


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

Try another library?
Sign out of this library

Other Topics