ESTONIA: Rebalancing may pad crash but risks remain
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In this article
- Plummeting confidence
- Tightening credit
- Income erosion
- Rebalancing act
- Sectoral differentiation
- Counter-cyclical credit
- Shape of recovery
- Disinflationary pressures
- Restoring competitiveness
- Labour market breather
- Real estate undersupply
- Risks to outlook
- Government fiscal stance
- Wage uncertainty
- External demand slump
- Sub-prime aftershocks
- Euro-area policy
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