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Friday 28.02.2020 | Name days: Skaidrīte, Justs, Skaidra

Estonia inflation slows in July

Estonia's annual inflation weakened from the previous month in July, according to data released by Statistics Estonia. The consumer price index increased 3.6 percent on an annual basis in July, slower than the 3.9 percent gain seen in June.

Estonians have 2nd most confidence in EU

In spite of the ongoing crisis, Estonian residents remain confident in the European Union.

Estonia's industrial production falls for fourth month

Estonia's industrial production decreased for the fourth consecutive month in June, mainly reflecting a sharp fall in mining output, data released by Statistics Estonia showed.

Estonia plans to ratify ESM before September

Estonia’s parliament may hold two final readings on Aug. 30 to ratify the European Stability Mechanism, the euro-region’s permanent rescue fund, the government said.

Scandal in Estonia: worms in Hesburger salads

A letter of Hesburger’s internal department caused a wide resonance in the Estonian media. In the letter, some employee tells his co-workers that it is necessary to check all salad packages that are valid until July 29, because some of them may contain worms.

Estonian Air losses reach 11 million euros

The loss of Estonia's national carrier Estonia Air reached 10-11 million euros in the first half of the year as the new business model has not started working successfully.

Estonian banks see smaller quarterly profit

Estonian banks’ net income dropped in the second quarter from the previous three months as net- interest income decreased and lenders recovered less bad debts.

Estonians favour Finland when working abroad

Finland is the favourite foreign country for Estonians working or planning to work abroad. Finland is mentioned as an attractive option by 43 per cent of those who are ready to work outside of Estonia. Finland is followed by Germany and Sweden. England and Norway receive a positive response from 15 per cent of «willing to work abroad» Estonians.

The first lady of Estonia runs two distances in the Olympic torch relay race

The wife of the President of Estonia – Evelin Ilves –, who participated in the relay race of the Olympic torch, ran two distances of 300 m, instead of one. «It was the roughest kilometre of my life,»- the first lady of Estonia shared her impressions.

Economist about inflation in Estonia: people have a tendency to exaggerate the price rise

Ever since the introduction of Euro in Estonie, the people perceived inflation kept increasing, i.e., the people’s opinion (its proportion gathered through sociological surveys) on how large the price rise was. Actual inflation (after being calculated at sales outlets) was notable lower, says Bank of Latvia Economist Ramune Rimgailaite.

Inflation rise in Estonia – the most rapid in the EU

The total price increase in Eurozone made up 2.4% in June, and 2.6% in the whole of the European Union (EU).

Tallinn - popular destination among EU tourists

From May to September every year, hundreds of cruise ships leave Western European ports and set sail for such cities as Stockholm, Copenhagen, Helsinki and St. Petersburg. But what's next? Next, many tourists go on to spend a day in Tallinn, the capital of Estonia.

A «bubbling» experience in an Estonian hotel

If you are tired of standard forms and have a genuine interest to watch the Estonian sky, while taking a bubble bath in the bed of your hotel room, you really should visit the Mullihotell bubble-hotel.

Estonia exports fall 8%

Estonia's exports declined 8 percent year-on-year in May. At the same time, the country's imports remained at the same level as in May last year.

Tallinn Airport handles over a million passengers

Passenger numbers at Tallinn Airport amounted to more than one million during the January - June period, the airport says in a statement.

Estonian special service operative convicted of spying for Russia

The Court of Estonia declared the former operative of the country’s special service Alexei Dressen guilty in transferring secret information to the Russian Federal Security Service of Russia and sentenced him to 16 years of imprisonment.

Estonian Air record: 100 000 passengers in one month

In June 2012, Estonian Air carried 100 000 passengers per month for the first time in its history, the company says in a statement.

Estonia announces start of trade expansion in Azerbaijan

Estonian Minister of Economic Relations and Communications Juhan Parts has has informed that for the last two years the trade turnover between Azerbaijan and Estonia has doubled and the potential of trade between two countries is quite wide.

Estonia to study Russian spies

The Estonian government commissioned two studies into the operations of Russian foreign intelligence services from 1930s to the present day.

Estonian woman wins EUR 378 270

An Estonian retiree, who took shelter in a casino while on her way to buy a frying pan, has hit jackpot and won a record 378 270 euros.

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