2021-07-17
Estonia is the only EU country that improved poverty risk
Estonian GDP decline has actually remained at 3%, thanks to innovative progress in the digitalization of services and milder restrictions.
Estonian GDP decline has actually remained at 3%, thanks to innovative progress in the digitalization of services and milder restrictions.
Despite the employment rate among 15- to 64-year-olds at 75.2%, the country faces a shrinking workforce and regional disparities.
EU leaders have reached a compromise to unlock the €1.8 tn Recovery Fund: any sanction could only start after approval by the EU Court of Justice.
Brussels is ready to endorse the alternatives and proceed without Warsaw and Budapest, whose subsidies are estimated at 3% of GDP.
Before the pandemic outbreak, the economy was expected to slow down slightly (+3%), with a decrease in exports and investments.