Posts tagged as Estonian

Estonian Central Bank: If COVID-19 regime stays same, GDP to fall 4 percent in 2020

Tuesday, September 29, 2020

The Estonian economy is expected to contract by 4 percent in 2020, to be followed by a growth of 0.2 percent in 2021, the Bank of Estonia says. This forecast assumes that any coronavirus restrictions remain less strict than they had been in spring, the bank adds, meaning there is plenty of uncertainty about the prognosis, with the contraction possibly being as low as 2 percent and as high as…

‘Baltic Bubble’ prompts more visits by Estonians but fewer by Lithuanians

Friday, August 14, 2020

After the travel restrictions relating to Latvia’s neighbouring countries Estonia and Lithuania were lifted, creating the so-called ‘Baltic Bubble’ travel zone, a rapid inflow of tourists was observed in June, according to latest statistics released August 14 by the Central Statistical Bureau (CSB). The number of visitors from Estonia, as compared to June of the previous year, increased by 5.6 %, but the number of nights spent by them increased even more, by…

Estonian PM: It’s important to focus on invigorating the economy

Thursday, March 12, 2020

Estonia needs rapid and well-targeted steps to combat the impacts of the coronavirus, and it is essential to focus on invigorating the Estonian economy, not cost-cutting, Prime Minister Juri Ratas said in his political statement to the Riigikogu on Thursday morning. Ratas said that the spread of the COVID-19 virus and a simultaneous decline in oil prices are seriously affecting the situation of the global economy and European economy. Therefore,…

Flu feared by twice as many Estonians as coronavirus

Thursday, March 5, 2020

Twice as many people fear catching the flu compared to those who fear contracting the novel coronavirus, it appears from a survey commissioned by the Institute for the Study of Societal Issues and carried out by pollster Norstat. Respondents in the survey were inquired about the perceived threat of the novel coronavirus, and the results indicated that 46 percent deem the influenza more dangerous to themselves and their next of…

20 romantic phrases in Estonian

Friday, February 14, 2020

If you have an Estonian boyfriend, girlfriend, husband or wife, no doubt there would come the time when you wanted to express your love and affection for them in their native language. Finding the right words is not easy – I know, for I have been looking for a suitable phrase list myself for quite some time and never managed to find a good one. So now I have taken…

Estonian design companies given opportunity to introduce themselves in Japan

Wednesday, November 20, 2019

With the support of the creative industries’ development measure, 23 Estonian design companies have been given the opportunity to showcase themselves in Japan. First, the companies will take part in the Interior Lifestyle Living fair to be held in Tokyo from Wednesday to Friday, the Estonian Ministry of Culture told BNS. However, events showcasing Estonian design and lifestyle will be held in Yokohama this weekend. Additionally, the Estonian Design House will be…

UPDATE 1-Swedish, Estonian regulators advance Swedbank probe

Tuesday, October 29, 2019

Swedish and Estonian financial regulators have opened sanction cases into Swedbank over anti-money laundering controls at its Baltic operations, they said on Tuesday, formalising a process that could lead to a financial penalty. Sweden’s financial supervisory authority (FI) said it had identified weaknesses in Swedbank’s anti-money laundering procedures, and was now examining if it should face a formal sanction. Estonia’s watchdog issued a similar statement about Swedbank’s Estonian subsidiary. Swedbank’s…

Estonian defmin to take part in NATO defense ministers meeting in Brussels

Thursday, October 24, 2019

Estonia’s Defense Minister Juri Luik is about to take part in a two-day meeting of NATO ministers of defense in Brussels on Thursday and Friday where strengthening of the alliance’s deterrence and defense will be talked about. Luik and his Latvian, Lithuanian and Polish counterparts are to meet with Gen. Tod D. Wolters, NATO’s supreme allied commander Europe (SACEUR). In addition, the ministers of defense are to discuss matters related…

Estonian Foreign Minister stresses need for quick political situation in call with Turkish colleague

Wednesday, October 16, 2019

Estonian Foreign Minister Urmas Reinsalu and Turkish Foreign Minister Mevlut Cavusoglu had a telephone call on Tuesday evening to discuss the situation in northern Syria and Reinsalu underlined the need to find a quick political solution to a situation that involves the Turkish military actions in Syria. The Estonian minister expressed hope that a visit of a high-level delegation from the United States would contribute to that, spokespeople for the Ministry…

Estonian ministry: More cooperation needed for ensuring food safety

Thursday, October 10, 2019

The food safety council met for the first time in the Estonian Ministry of Rural Affairs on Wednesday to devise further steps to promote broad-based cooperation in the field of food safety. “In today’s world, where food products move in global networks, ensuring food safety is of paramount importance. That is why we convened a food safety council, which included representatives from a variety of other administrative areas, universities, business federations…