Estonian governor supports fast fiscal reform


The governor of the Bank of Estonia, Ardo Hansson, discussed the benefits of the speedy implementation of fiscal reforms and budget balancing in a speech to a conference in Helsinki on November 27. Hansson highlighted the relatively fast adjustment in Baltic countries in comparison with Greece, Ireland and Portugal.

Fast adjustment has a number of advantages including a shorter period of uncertainty, the faster closure of non-viable firms, and, notably, avoiding the excessive accumulation of

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account