Estonia
Economy
Estonian industrial output contracted on average by 26.0% in 2009, exactly in line with BMI's estimate. Going forward, we continue to expect a marked improvement in industrial...
2010-02-22Economy
Ratings agencies Fitch and S&P both raised their outlooks for Estonia's sovereign rating to 'stable' from 'negative' on the back of an increasingly favourable outlook for...
2010-02-22Economy
Estonian balance of payments dynamics are expected to normalise somewhat beginning in 2010. After posting its first deficit in over a decade in 2009, the financial account is expected...
2010-02-22Economy
Estonian deflation continued largely unabated through the end of 2009 as expected, with the consumer price index falling by 1.9% y-o-y in December. Few shifts were recorded in any...
2010-02-01Economy
Estonia posted its eighth consecutive current account surplus in November, bringing the year-to-date surplus up to EUR533mn. The latest data confirms our long-held view that Estonia...
2010-01-22Economy
A draft Estonian law intended to change regulations governing the statistics office has been criticised by the European Central Bank (ECB) as increasing political influence over the...
2010-01-22Economy
We no longer include a nominal devaluation of the kroon as part of our core macroeconomic scenario for Estonia. The government's success in slashing the budget deficit without encountering...
2009-12-21Economy
The Estonian parliament approved the government's 2010 budget plan on December 9. The vote passed comfortably with 55 members in favour and only 39 votes against in the 101-seat Riigikogu....
2009-12-17




