Latviski English По-русски
Friday 20.07.2018 | Name days: Ramona, Ritma

Estonian economic growth of 2.1% in 2014 driven by retail and manufacturing

Estonian gross domestic product grew 2.1% in 2014 and was driven by retail and manufacturing, Estonian statistics agency has revealed.

Bank of Estonia buys first bonds as part of quantitative easing

Bank of Estonia on Monday, March 9, commenced buying bonds taking part in the European Central Bank-led effort to reach a «healthy» level of inflation in the eurozone by means of quantitative easing.

Reform Party in Estonia pushes for broad coalition

Reform Party, which won the March 1 Estonian parliamentary election, has announced it prefers building a broad coalition that would have a strong mandate.

Estonian election: Last party ratings before vote

Centre Party in Estonia has received the highest rating among the country’s leading parties a week before Riigikogu elections, an opinion poll indicates.

Digging of world’s longest undersea tunnel from Tallinn to Helsinki discussed in study

In relation to the Rail Baltica railway project, possible construction of a 50-km-long undersea tunnel between the capitals of Estonia and Helsinki has been evaluated by specialists from Estonia, Finland and Sweden.

Estonia to buy up land near border with Russia

Estonia has announced plans to buy up land lots situated near the country’s border with Russia, in oder to improve boder security.

Estonia becomes member of European Space Agency

Estonia on Wednesday, February 4, concluded an accession agreement with the European Space Agency.

Due to falling milk prices large Estonian dairy farm to lay off three thirds of workers

In the wake of Russia’s embargo on food imports, milk procurement price in Estonia has almost halved forcing a large dairy farm to considerably consolidate its operations.

Estonian Olympic to open casino in Malta worth EUR 7 million

Estonian gambling giant Olympic Entertainment Group that operates in the Baltics and four more European countries has announced its plans to enter the market of Malta, opening there a casino worth seven million euros.

Open European Biathlon Championship in Estonia

Throughout January 28th – February 3rd an Open European Biathlon Championship will be held in Estonia’s winter capital of Otepää.

Man returns home in Estonia after being legally dead for 10 years

A man has returned home in Hiiumaa island, Estonia, after having gone missing 18 years ago and declared dead 10 years ago.

Port of Tallinn nears yearly passenger number of 10 million

Estonian state-owned company Tallinna Sadam (Port of Tallinn) reports that 9.57 passengers passed through its six ports in 2014, which is by 3.6% a new record for the firm.

With rouble in trouble, Estonians shop in Russia en mass

Residents of the Estonian border city of Narva are taking advantage of the devaluation of the Russian rouble that has suddenly made goods in Russian shops over 20 percent cheaper against the euro.

Estonian Central Bank: State budget deficit on a rise

Estonia's state budget will see growing deficit in 2015, which may result in the need to increase taxes, indicates latest economic outlook published by the Estonian Central Bank.