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Andrus Ansip

Ansip: don't blame the euro for price hikes ‎

Andrus Ansip 49%


Price increase in Estonia was not brought by the changeover to the euro, but started several months ago, Estonian prime minister Andrus Ansip said in national radio on Tuesday.

“Prices of dairy products started growing already a half a year ago. And not just in Estonia but at our neighbours’ Latvia and Lithuania who do not have euro yet,” Ansip said.

Ansip said that last year, Estonia’s price level reached 80% of EU average while in Finland that indicator was 120%.

“In the last months of last year fast price increase could be noted but that was compared to the deflation period when prices fell,” Ansip said.




Source: balticbusinessnews.com


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