European Student Think Tank

The Esto­nian dynamic and vibrant eco­nomy has sur­vived the Euro crisis with remark­able res­ist­ance and recor­ded robust eco­nomic growth in times of loom­ing aus­ter­ity and mon­et­ary stag­na­tion. This is the second and final part of Henri Erti’s ana­lysis of the eco­nomic situ­ation in Esto­nia. Euro’s Poster Child? Albeit the fact that the Esto­nian eco­nomy has [...]

The Esto­nian dynamic and vibrant eco­nomy has sur­vived the Euro crisis with remark­able res­ist­ance and recor­ded robust eco­nomic growth in times of loom­ing aus­ter­ity and mon­et­ary stag­na­tion. All Hail Aus­ter­ity A sol­emn con­trac­tion in global eco­nomic activ­it­ies res­ul­ted in egre­gious crisis in the credit mar­kets, which inex­or­ably spread also to the Baltic States and especially [...]

This Wed­nes­day the Greek Par­lia­ment backed the required aus­ter­ity meas­ures and man­aged to post­pone a default on debt. But a post­pone­ment it is – a default is inev­it­able and so is the sub­sequent tragedy.