Eurozone Entry Prospects Worsen

May 2007
Emerging Europe Monitor: Central Europe & Baltic States;May2007, Vol. 14 Issue 5, p10
Country Report
Country Report
The article considers the economic outlook for Estonia for 2007 and 2008. The planned eurozone entry of the country might be delayed due to its external financing needs and rising foreign-currency indebtedness. Estonia's finance ministry claim that the economy will grow by 9.2% in 2007 and 8.3% in 2008, but the consumer price inflation will continue to rise. According to the article, the tightening of the country's job market led to increased inflation.


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