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Monday 24.04.2017 | Name days: Nameda, Visvaldis, Ritvaldis
EstoniaEstonia

Estonia: fate of a unified ATM network to be clear by June

The most significant 2012 project that banks plan for private clients is creation of a single ATM network, says SEB Estonia Chairman Riho Unt.

Hello Kitty toys to be manufactured in Tallinn

Spanish Atienza & Climent Group manufacturing enterprise specializing in plastic items, mainly producing Hello Kitty toys popular around the world, is due to open a manufacturing branch in Tallinn this week.

Average pension in Estonia up by 160 euro

This year pension in Estonia will experience growth by 4.4%. Thus, the average pensioner will receive by 160 euro (about 112 lats) more in a year, indicate prognosis of the Estonian Ministry of Finance.

Banker: Estonia should turn English into state language

The investment banker Joakim Helenius holds the view that Estonia should turn English into an official language.

Many Estonians fill in online census questionnaires

Population and Housing Census online questionnaires were completed by more than half of Estonia's population. They can still be filled in by late evening of January 31.

17 Estonian tourists kidnapped in Egypt

In night of Wednesday, January 25, 17 tourists from Estonia travelling from Cairo to Hurghada were kidnapped in Egypt. People are warned in advance of all possible dangers, notes Made Otsa, Go Adventure representative in Hurghada, who was among the kidnapped. According to her, everyone hoped that nothing bad will happen to Estonians.

Tax burden in Estonia similar to Bulgaria and Greece

Although Estonia is considered to be a low-tax country in Europe, proportion between tax revenue and gross domestic product (GDP) in Estonia is 29.4%, show statistic data.

Newspaper: in the foundation of Estonia’s «wonder» economy lies EU support

The support from the European Union plays a much bigger role than admitted by Estonian Prime-minister Andrus Ansips, whose favourite phrase is – Estonian State finances are the best in the EU, Eesti Ekspress Weekly writes.

Estonian export to Russia increases, export to Sweden - decreases

Overall Estonian export increase for November has grown by 24%, while import for the analogous period has grown by 22%, Estonian Central Statistics Bureau reports.

Estonian ATMs will be able to recognize counterfeit bills

In January 2012 software of all Estonian depository ATMs were updated, and as a result of which, now ATMs will be able to recognize counterfeit Euro bills and withdraw them out of circulation.

Ligi: price surge due to Euro fluctuations does not exceed 0.3%

The significant price surge last year shouldn’t be linked to Eurozone entrance and exchange to the United European currency Euro, notes Estonian Finance Minister Jurgens Ligi.

Economist: Estonia to benefit from euro in a long run

Regardless of what happens to the countries hit by the debt crisis, in a long run Estonia will only benefit from the transition to the euro, says Raul Eamets, Tartu University economics professor.

Excellent start for population census in Estonia

In Estonia during first 24 hours of the national population census, which had begun on December 31, online participated more than 26 thousand people, show data of the Central Statistics Bureau of Estonia.

Sociologist: Estonia can beat world record in population census

Population census is due to start in Estonia on the 31st of December. Yuhan Kivirach, Senior Research Fellow and Sociologist of the International Center of Defense Research, hopes that Estonia beats Canada’s record in the percentage of people taking part in population census through the internet.

Christmas in Estonia: 300 tons of tangerine and 715 000 chocolate bars

This Christmas, Estonian shop owners' businesses flourished more than last year. People mostly shopped on December 23 and December 24, when shops tuned 30% more than in 2010, according to Rimi Eesti Food AS.

Estonia to raise minimum wages

From January 2012 onwards, minimum wages in Estonia are to be raised up to 290 EUR per month. This will bring 2.95 million EUR to the government budget in tax revenue.