Republic of Estonia : Staff Report for the 2009 Article IV Consultation

Staff Report for the 2009 Article IV Consultation

Republic of Estonia : Staff Report for the 2009 Article IV Consultation
This 2009 Article IV Consultation highlights that the credit-fueled boom has resulted in a relatively large nonfinancial private sector debt stock in Estonia. With declining incomes, unemployment increasing sharply, and asset prices depressed, balance sheets of households and firms are under strain, weighing on domestic demand. Nonperforming... READ MORE...

Publication date: January 2010
ISBN 9781451812589
$18.00

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