Estonia’s budget surplus continues to rise

Aug 16, 2006
Staff and wire reports

TALLINN - Estonia’s budget surplus – one of only several in the EU and a source of much debate at home – continues to mount thanks to a booming economy. The Finance Ministry announced last week that, as of the end of July, budget revenues surpassed expenditures by 3 billion kroons (192 million euros). Compared with the first seven months of 2005, budget revenues are 17.2 percent higher this year. Only two months ago, the figure was 2 billion kroons, ministry officials said. In all, the ministr ...

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