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News - 21 May 2013

Prospects of Estonia’s main export partners worsen

Today, SEB published a new economic outlook, according to which the growth rate of global economy is gaining in speed, although the recovery is still arduous. The economic situation of Estonia’s main export partners has worsened and this is inevitably to also affect Estonia. SEB lowered Estonia’s economic outlook for 2013 from 3.8% to 3.3%. Nevertheless, the Baltic States have the strongest growth forecasts in Europe.

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