Joblessness growing threat to Estonian recovery
Eestlased Eestis 16 Feb 2010  EWR
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The Swedish Wire
TALLINN (AFP) - Swedish bank SEB in Tallinn said it is time for Estonia to wake up before swelling unemployment turns into "political dissatisfaction".

Estonia's emergence from a bleak two-year recession, plus the potential boost of its hoped-for 2011 euro adoption, are little comfort for the swelling ranks of the unemployed in this Baltic state.

After an eight-year boom turned to bust in 2008, the former European Union "tiger" has seen joblessness almost quadruple to 15.5 percent, a level unseen in nearly two decades.

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