The Estonian economy as a whole enjoyed surprisingly solid first-quarter growth of 2.4 percent, the fastest growth since the fourth quarter of 2021. However, if we look at the first-quarter financial results of companies listed on the main list of the Tallinn Stock Exchange, there is no noticeable economic recovery there and it seems as if the recession is continuing.
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The Estonian economy as a whole enjoyed surprisingly solid first-quarter growth of 2.4 percent, the fastest growth since the fourth quarter of 2021. However, if we look at the first-quarter financial results of companies listed on the main list of the Tallinn Stock Exchange, there is no noticeable economic recovery there and it seems as if the recession is continuing.