Saturday, December 31, 2011

Estonia - economy encouraged by the euro

Published on Dec 31, 2011 by
http://www.euronews.net/ It has been a year since Estonia adopted the euro but its fortunes have not mirrored the rest of the eurozone.

According to the European Union's forecast, Estonia's economy will grow by a massive 8 percent in 2011 - that is five times faster than the EU as a whole. Unemployment has dropped dramatically but the outlook for next year remains uncertain.

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