Favorable Outlook on Estonia’s Economy

Politics ♦ Published: April 11, 2013; 18:24 ♦ (Vindobona)

Estonian economy’s consistent growth will continue in the coming years

Favorable Outlook on Estonia’s Economy / Picture: © Wikimedia Commons [CC0 1.0] / Pixabay [CC0 Creative Commons]

According to the spring economic forecast of the Ministry of Finance, the driving force of Estonian economic growth this year is domestic demand, supported by quickening export growth starting from the second half of the year. The Ministry estimates this year’s economic growth to be 3 percent, to be increased to 3.6 percent in 2014.

Although the European Union and the euro zone…