Posts tagged as Estonia

Finance ministry opens new Estonian-Russian infrastructure project tenders

Thursday, November 26, 2020

Ministry of Finance is waiting for ideas for large-scale infrastructure projects in the Estonian-Russian cross-border cooperation program. The finance ministry says it is awaiting proposals for large-scale, cross-border projects on Estonia’s eastern frontier. The time-frame is 2021-2027 and projects much have a cross-border impact affecting both Russia and Estonia, for instance environmental activities, the ministry says. The program is set for the years 2021-2027 lena Musthallik, ministry adviser, told ERR:…

Estonian supermarkets were better prepared for second wave of COVID-19

Tuesday, November 17, 2020

Representatives of supermarket chains confirm that they were better prepared for the second wave of COVID-19 when it comes to disinfectants and personal protective equipment (PPE). At the same time, people are more relaxed and do not hoard provisions as they did in spring. Searching for disinfectants in spring led many people on a tour of Estonian supermarkets. This problem seems to have been dealt with during the second wave…

SEB: Growth in exports of goods of Estonian origin was surprising

Monday, November 9, 2020

The 15 percent growth registered in September in the exports of goods of Estonian origin definitely was surprising, Mihkel Nestor, economic analyst at SEB, said on Monday. Nestor told BNS that the growth was surprising, although continuous improvements in the sentiment of industrial enterprises indicated that we may be soon seeing also growing export numbers. “Of course, we cannot speak of a broad export boom, as the double-digit growth is…

Estonian far-right minister to resign after party claims US election was ‘rigged’

Monday, November 9, 2020

Estonian Interior Minister Mart Helme said he would resign from his post after causing a backlash for his party’s claims that the US election was falsified. On Sunday, Finance Minister Martin Helme – the son of Interior Minister Mart Helme – from the far-right Conservative People’s Party of Estonia (EKRE) said the elections in the United States were “rigged so plainly, boldly, and on a massive scale”. He spoke during…

COVID-19 case total increases by 92 in Latvia

Monday, November 9, 2020

Latvia recorded 92 new cases of COVID-19 November 9, according to the Disease Prevention and Control Center (SPKC), bringing the total number of cases since the start of the pandemic to 8,187. Of 2,398 tests carried out in total, 3.8% were positive, sharply down on the 5.7% rate the previous day. Two deaths were also recorded, one victim aged 70 to 75, one aged 90 to 95. Pēdējo 24h laikā veikti 2398 COVID-19 izmeklējumi, reģistrēti…

September export turnover peak for year so far

Monday, November 9, 2020

Exports of goods increased by 11, while and imports fell by 4 percent, on year to September 2020, state agency Statistics Estonia reports. On year, the third quarter of 2020 (Q3 2020) saw a 1 percent fall in exports and 5 percent fall in imports. In September, both exports and imports of goods amounted to €1.3 billion at current prices, Statistics Estonia says, and the trade surplus stood at €4…

Mardilaat craft fair to go online this year in Estonia

Friday, November 6, 2020

This year’s Mardilaat craft fairs is to move online due to coronavirus considerations, ETV news show “Aktuaalne kaamera” (AK) reports. The fair starts Friday and runs until Sunday. The Mardilaat fair is a large-scale event hosted in previous years at the Saku Suurhall in Tallinn, and before that, at the Song Festival Grounds. However, with over 200 craftspeople alone due to take part this year – the 24th event of…

Consumer price index fell in Estonia

Friday, November 6, 2020

According to Statistics Estonia (Statistikaamet), the consumer price index for October was down 0.5 percent compared to September and down 1.5 percent compared to October last year. Statistics Estonia analyst Viktoria Trasanov said that compared to October 2019, the consumer price index was affected most by price decreases of motor fuel and plane tickets. “Diesel fuel prices dropped by 28.3 percent and gasoline prices by 8.3 percent. Plane tickets bought…

Tourism falls by half on year to September in Estonia

Friday, November 6, 2020

Tourism fell by nearly a half on year to September, state agency Statistics Estonia reports. A total of 154,000 tourists spent 285,000 nights staying in hotels and other accommodation establishments in September, the agency says, with the bulk of these being domestic tourists. Helga Laurmaa, analyst at Statistics Estonia, said three quarters of guests staying at accommodation establishments in September were domestic tourists, and a quarter were from outside Estonia.…

Estonian startups increase revenue, pay record amount of labor taxes in Q3

Friday, November 6, 2020

The revenue of Estonian startups totaled €562 million in the third quarter of 2020, growing by 41 percent year-on-year, while employment tax payment increased by 30 percent, reaching €73 million. According to the Estonian Startup Database, there are 1,110 startups operating in Estonia and 66 new startups have been created in 2020. The number of startups that have been active for at least five years is 257, making up 23…