Aid drives Estonia

  • 2012-01-18
  • From wire reports
TALLINN - EU aid given to Estonia plays a significant role in Estonia’s economy, reads a story in Eesti Ekspress weekly. Estonian Prime Minister Andrus Ansip pays too little attention in his public speeches that EU aid is Estonia’s lifeline, and the country could probably not survive financially without structural funds. From 2004 until 2010, Estonia received over three billion euros from the EU. During the period, the country itself contributed only 924 million euros to the EU budget in various payments. This means that for every euro that Estonia spent, it got back two....
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