Estonian GDP: -10% according to SEB in 2009

...and between -5.5% in the best case and -8.9% in the worst according to the Estonian Central Bank... A difference which tells a lot on the will from the government to communicate on the real sickness of the Estonian economy.

SEB forecasts -10% for 2009 and "only" -2.3% in 2010 after several years of high growth. The Swedish bank also released figures for Latvia and Lithuania:

- Latvia: -9.5% in 2009 and -3% in 2010
- Lithuania: -5.5% in 2009 and -3% in 2010