Estonia's Economy Shrinks 16.6% - Estonian World Review

Estonia's Economy Shrinks 16.6% (3)

Archived Articles | 13 Aug 2009 | EWR

Joel Sherwood, WSJ.com
Estonia's recession deepened in the second quarter, but the quarterly rate of decline eased, suggesting the country's economic fall may be bottoming out.

The Baltic country's gross domestic product was 16.6% lower in the second quarter compared with the same quarter of 2008, Statistics Estonia said Wednesday.

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Maxim15 Aug 2009 05:34

I said 2 years ago that things will go this far, but no one except Peter was willing to listen. Once again, it seems that the positivist horses bolted from the stables, and have wrung their irresponsible hands of any misadventurous thinking on their behalf. Hope that next time conservatives propose a shuddering effect such as this, it won't be so easily attacked as I was when I preached the very same message of 2 years ago.

#14 Aug 2009 14:28

http://uudised.err.ee/index.ph...

#14 Aug 2009 14:28

http://uudised.err.ee/index.ph...

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