It is most likely that mortgage interest rates in Estonia will not increase this year, also a rapid EURIBOR rate rise is not expected, considers the representatives of major banks in Estonia.
Price climb is not inevitable in the current conditions, on the contrary, it contradicts the rules of logic in economy, the economist Andres Arrak, says Director of Business Management Institute Mainor.
The unemployment rate in Estonia is that high not because there is a lack of job openings, but because the unemployed people ask disproportionately high salaries, says Estonian academician Endeli Lippmaa.
This year, during the third quarter, the total profit of enterprises registered in Estonia amounted to 9.7 billion kroon, which is two times more than during the second quarter, informs Statistics Estonia.
Vilnius is the leader but Tallinn ranks as the second in the number of murders per 100 000 residents during 2002 and 2008, according to Eurostat data.
Within a week’s time, from November 19 to 25, the number of unemployed persons in Estonia has increased by 1 599 people, making the registered unemployment rate mount to 10.3% of the economically active population.