01645cas a2200241 a 4500 AALejournalIMF006224 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451812589 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Republic of Estonia : Staff Report for the 2009 Article IV Consultation. Washington, D.C. : International Monetary Fund, 2010. 1 online resource (56 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This 2009 Article IV Consultation highlights that the credit-fueled boom has resulted in a relatively large nonfinancial private sector debt stock in Estonia. With declining incomes, unemployment increasing sharply, and asset prices depressed, balance sheets of households and firms are under strain, weighing on domestic demand. Nonperforming loans have increased to more than 6 percent of total, and some banks are reporting losses. Executive Directors have supported the authorities' aim toward speedy adoption of the euro, noting its effects in fostering stability and confidence. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2010/004 Full text available on IMF http://elibrary.imf.org/view/journals/002/2010/004/002.2010.issue-004-en.xml IMF e-Library