Estonia is headed for a two-year recession and won't grow again until 2010, its central bank warned Wednesday, a far cry from the Baltic nation's roaring growth of over 10% until 2006.

爱沙尼亚央行周三警告说，国家即将进入两年的衰退期，到2010年之前不会出现增长。这番前景与其2006年之前大相径庭，那期间，爱沙尼亚经济增幅高达10%以上。

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Bank failures or plunging currencies in the three Baltic nations - Latvia, Lithuania and Estonia - could threaten the fragile prospect of recovery in the rest of Europe.

三个波罗的海国家——拉脱维亚、立陶宛和爱沙尼亚——的银行破产或货币贬值，可能威胁到欧洲其它地区脆弱的复苏前景。

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One reason for Estonia's high-ish inflation is the rise in the oil price, which, according to the Bank of Estonia, accounts for 2.4 percentage points of the current figure.

ECONOMIST: Eastern Europe and the euro

GDP, by the Bank of Estonia's estimate.

ECONOMIST: Eastern Europe and the euro