NEWS
Estonia cuts budget expenditures by over 3 percent
Estonia’s government has slashed spending by 3 billion kroons (192 million euros), or 3.2 percent of projected expenditures, in an emergency measure to prevent revenue shortfalls from ballooning into a damaging deficit. The decision came as the outlook for the country’s economy continues to deteriorate and signs of a hard-landing appear inevitable. Meeting on April 24, the government also vowed to cut another 100 million kroons in order to balance the budget. Attempts to agree on those ame ...| The article you requested can be accessed only by subscribing to the online version of The Baltic Times. If you are already subscribed to The Baltic Times, please log on using the form on the top of the page. If you don't have a membership yet - please subscribe. |
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