Estonian, give money to the budget!

Government Regulation igry15-09-2009 Estonians, give money to the budget! Estonia against the background of their Baltic neighbors, until recently, quite bravely facing a crisis. If Latvia is on the verge of default, and temporarily stabilize the situation could only come from external spending and cuts in social spending, Estonia dispensed unchallenged. And even along with international institutions and the Nordic countries was trying to give money in distress Latvia. Now the situation has changed. In the second quarter of 2009, GDP fell by 16,1% against the comparable period last year. As predicted the Estonian Ministry of Finance, the fall of the country's economy in 2009 could reach 14.5%. Moreover, during the mythical credit growth from 2004 to 2007, Estonia has managed to keep non-deficit budget. The fact that this growth was the mythical, gives statistics of the GDP, where the leaders were the services sector and housing construction, which happily bloated real estate bubble. However, a balance makroekonomichechskuyu country has managed to preserve social expenditures and spending on maintenance gosapparta in the country were small, and therefore cut a lot and it was not necessary.