The Estonian economy grew quickly in the first half of 2017 and in the second quarter it reached almost six per cent; however, the Bank of Estonia has warned the current rate of growth cannot be maintained for long. An improvement in the external environment, which encouraged exports, gave a …
Estonia’s economy grows fast – but the rate can’t be maintained for long Read More »
The Washington, DC, based Tax Foundation finds in its 2014 International Tax Competitiveness Index that Estonia has the most competitive tax system in the OECD (the Organisation for Economic Co-operation and Development). The Tax Foundation’s International Tax Competitiveness Index (ITCI) measures the degree to which the 34 OECD countries’ tax …
Estonia has the most competitive tax system in the OECD Read More »
The on-going Eurozone crisis proves all those who highlighted the design flaws of the single currency were right. They said it would be impossible to maintain common competitiveness between disparate economies like Germany and Greece without fiscal transfers. The result would be significant and damaging imbalances. This was not inevitable, …
Estonia proves that it’s possible to cut spending and continue to grow Read More »