Estonia’s 2015 economic growth was the slowest it’s been in the past six years, the central bank said this week. While domestic sales increased thanks to a rise in the minimum wage, exports took a heavy hit as the economies in neighboring countries weakened. Recent foreign trade data shows that trend continued at the beginning of 2016. The European Central Bank said growth in the eurozone will be slower than earlier predicted, which is expected to impact Estonia’s economy. The country’s GDP increased by 1.1 percent y-o-y in 2015.
