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Despite slow down, Estonia sees positive notes

  • 2009-01-29
  • TBT Staff
TALLINN- Despite the sliding economy, Prime Minister Andrus Ansipreports good tax revenues for the start of the year.

"I know that receipt of taxes has been unexpectedly good,considering general negative background. Compared to the forecast we have 10pct of planned and more than 9 pct of budget," Ansip said in a pressconference.

It is still unknown how much value-added tax will becollected, but the prime minister does not expect much negativity.

Ansip did however say that Estonias main export markets are ina slowdown, and that as goods elsewhere grow cheaper, Estonian goods are nolonger as desirable.