(Bloomberg) -- Estonian economic growth could slow
more than expected as banks tighten lending and borrowers become
more cautious as they worry about the future, Moody's Investors
Service said.
A tighter labor supply prevented firms from expanding
production in the first quarter, contributing to a slowdown in
growth during the period to 9.8 percent, while the Baltic economy
could be further hit by a decline in business and consumer
confidence, Moody's said in a report today.
Read more at Bloomberg Bonds News
more than expected as banks tighten lending and borrowers become
more cautious as they worry about the future, Moody's Investors
Service said.
A tighter labor supply prevented firms from expanding
production in the first quarter, contributing to a slowdown in
growth during the period to 9.8 percent, while the Baltic economy
could be further hit by a decline in business and consumer
confidence, Moody's said in a report today.
Read more at Bloomberg Bonds News
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