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2010-09-22 00:00:00
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Swedbank the largest lender to Estonia has forecast the economy of Estonia to grow by 2.2% in 2010 and is set for growth of over 4.5% for 2011 to 2012. The 2010 growths figures are over 0.7% higher then expected which were forecast at the beginning of 2010 and 2011.
CeeIndustrial believes for Estonia to reach the figures of 4.5% for 2011 to 2012 growth is very much dependent on the counties that it mostly exports to Germany, Finland and Sweden these counties have done well in the first two quarters of 2010 but are facing slower growth in 2010.
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