Allan Parik is the manager of SEB. He talks about the Estonian economy on the radio.
Parik is an optimist. He believes that the Estonian economy will improve. Some companies are doing well, others are struggling. Small businesses need help.
The labor market is good. Many people have jobs, but wages are low. Those who want to work can find a job.
Many people have little money before payday. This is not new. Parik says that it has been the same for years.
Many are buying apartments and houses. This shows confidence in the economy.
Parik believes that the economy will be better next year. Estonians are enterprising.
Banks in Estonia compete with services. Banking is good in Estonia.