NEWS
Recession hits Estonia perts worry
TALLINN - Analysts and Ministry of Finance officials put on brave faces after the release of new figures showing that Estonia’s gross domestic product shrank in the second quarter of 2008 meaning the country is now in recession. Statistics Estonia on Aug 13th confirmed that the economy contracted by a seasonally adjusted 0.9 percent in the second quarter of 2008, following a 0.5 percent contraction in the first quarter. This fulfills the widely-accepted definition of a recessi ...| 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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Latvian budget adopted with deficit New government to raise taxes Latvia passes budget with deficit New PM to slash spending Estonia looks to euro as economy lurches Government liquidates secretariat EC: Estonian economy to drop 1.3 percent Lithuania to face ‘painful reality’ Vilnius at the back of the pack Bankers cautious despite good results 
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