Wages in Estonia are about one-fifth of the level in Sweden. Company taxation in the Baltic countries is the lowest in Europe, and personal income taxes are also lower than in Sweden, and falling (at least in Estonia).
The paper said that the level of Swedish business investment in the region has reached 33 billion crowns since the fall of the iron curtain.
Supplied by BECK TRANSLATIONS.
With an experienced team of in-house translators, Beck specialises in translating from Swedish into English in such areas as finance and economics, marketing and advertising, biotechnology, the environment, quality, and personnel & administration.