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Ansip: Estonia’s economic ‘crisis’ no surprise

May 22, 2008
Staff and wire reports

TALLINN - Responding to news that the country’s economy nearly flattened out in the first quarter, Prime Minister Andrus Ansip has said that Estonia needed a period of slower growth after years of rapid economic expansion. “We’ve been waiting for and also in need of a slowdown of economic growth for a long time. Continuation of the growth rates of the last couple of years was bound to result in an economic crisis,” Ansip was quoted by the Baltic News Service as saying. The prime minister di ...


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