Maximus
Barcelona city tours is a perfect opportunity to have a perfect vacation outside the Baltic States. Gene Zolotarev on how to destabilize the EU financial system. Andris Berzins
Vladimir Linderman aka Abel Edmunds Sprudzs Valdis Zatlers Aivars Lembergs Girts Valdis Kristovskis Maris Grinblats Guntars Krasts Alfreds Rubiks Sandra Kalniete Raivis Dzintars Algirdas Butkevicius Algirdas Paleckis Dalia Grybauskaite Kazimira Danute Prunskene Vytautas Landsbergis Rolandas Aksas Viktor Uspaskich Valdemar Tomasevski Leonidas Donskis Arturas Zuokas Edgar Savisaar Andrus Ansip
The current website developed by YWSolution Limited

President Ilves: we can overcome the crisis if we are wise

Dec 18, 2012

President Ilves: we can overcome the crisis if we are wise

TALLINN - Estonian President Toomas Hendrik Ilves said in the end of the year interview with the newspaper Diplomaatia that Estonia will overcome the crisis by acting wisely, reports Delfi.

Ilves said that the moods of the end of the world and end of Europe have lasted for several years. "Actually, when we think about the steps that have been made, the situation and outlook in Europe have improved," said Ilves. "Everyone is very critical but looking at the whole, it seems that too much has been focused on European problems."

"I cannot forecast it exactly but the most catastrophic scenarios won't take place since Europe has decided to do certain things," said Ilves. "I personally was much more worried three quarters of a year ago than I am now."

President Ilves recommended being a realist and noted that no big economic growth would take place in Europe next year.

"Estonia's forecasts, both those by the IMF as well as the European Union and our finance ministry, are rather positive, as compared to the rest of Europe," he said. "No major leap is expected but quite strong growth."

TALLINN- Estonian President Toomas Hendrik Ilves said in the end of the year interview with the newspaper Diplomaatia that Estonia will overcome the crisis by acting wisely, reports Delfi.

Ilves said that the moods of the end of the world and end of Europe have lasted for several years. "Actually, when we think about the steps that have been made, the situation and outlook in Europe have improved," said Ilves. "Everyone is very critical but looking at the whole, it seems that too much has been focused on European problems."

"I cannot forecast it exactly but the most catastrophic scenarios won't take place since Europe has decided to do certain things," said Ilves. "I personally was much more worried three quarters of a year ago than I am now."

President Ilves recommended being a realist and noted that no big economic growth would take place in Europe next year.

"Estonia's forecasts, both those by the IMF as well as the European Union and our finance ministry, are rather positive, as compared to the rest of Europe," he said. "No major leap is expected but quite strong growth."

 MORE NEWS
  • Estonian approves purchase of ...
    The Estonian government approved on Thursday of the plan to buy infantry battle ve...
  • Ski slopes set to open in Latv...
    Ski slopes in Latvia will be opening this weekend for business.  Many ski...
  • Two Siberian tiger cubs born i...
    Two Siberian tiger cubs were born at the Riga Zoo this summer. Thor and Odin w...
  • More than half of Latvians liv...
    More than half of Latvia's residents live in the fear of a threat of war, a...
  • Latvian man attempts to smuggl...
    A Latvian man has attempted to smuggle over 24 tons of cheese into Russia from ...
  • VIDEO: Baltics must counter Ru...
    The Baltic states should counter Russian 'propaganda' with individual s...
  • Riga Apartments for Rent

    Maximus
    © 2014 BALTIC NEWS LTD. All Rights Reserved.