According to Swedbank's forecast, Estonia's GDP will grow by 1.5% next year and by 2.5% the following year. Slower than previously predicted GDP growth pushes back the recovery of the Estonian economy to its pre-crisis peak by almost half a year, that is, to the beginning of 2027. Vladimir Vaingort, Doctor of Economics and member of the board of the consulting company Kardis, commented to RusDelfi that the exact dates for exiting the crisis remain controversial, and the structure of the country's economy and labor market continues to undergo significant changes.
Vladimir Vaingort: Munchausen-style crisis. Estonia tries to pull itself out of the economic swamp
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