Posts Tagged ‘Estonia’

Estonia – The Return of a Baltic Tiger?

February 6, 2010

by Andreas Hoffmann*

The new member states of the EU were hit hard by the current crisis. Especially the former Baltic tigers (Estonia, Latvia, Lithuania) have seen a tremendous decline in GDP. While our economies face difficulties to cope with a decline of about five percent of the GDP, they lost 10 to 15 percent. In my opinion, Estonia is the most interesting of the three as it chose a distinct way to deal with the crisis. Read the rest of this entry »

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