Stimulus a waste?

Minister of Economy Juhan Parts dismissed the criticism, saying that the support program was in fact successful. Photo by Jared Grellet/Baltic Reports

TALLINN — A new audit seems to indicate that the 7.4 billion krooni (€475 million) of support to increase the productivity and export capacity of Estonian companies appears to have largely useless in improving the sector.

The National Audit Office reported Wednesday that the low productivity and export capacity of companies, which form the basis of an economy’s competitive advantages for trade have not improved significantly as a result of

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