Speech at International Investment Forum in Ukraine
09.12.20119.12.2011
Europe is in an economic crisis. Again. Or perhaps - still. This is not even the most important question. The important aspect of it is that no country in Europe can say that it is isolated or unaffected from this crisis. Some countries, like Estonia, have much stronger economic fundamentals than three years ago, but still, also our economic growth forecasts for next years had to be downgraded, because of the worsened external conditions. Same applies for most of Europe, therefore our duty is to understand where are the new growth areas and what kind of policies bring new opportunities in these new settings.
Let me give you a short overview how Estonia, the country I know the best, has managed through this crisis and offer you some of my ideas how we should go on from here.
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