Posts tagged as borrowed

Estonia: Five billion gone already

By Marica Lillemets on Thursday, July 16, 2020

The state has already borrowed €2.8 billion to alleviate the effects of the coronavirus crisis, while the government is aiming to borrow a total of €5 billion over two years. A part of the money has already been spent, with various parties debating how to use the billions still to be borrowed. The government has turned to a council of experts that includes former central bank governor Ardo Hansson who…