Estonia: alcohol tax revenue to drop in 2018

Alcohol excise duty will bring in some EUR 80 million less than estimated by the Ministry of Finance to Estonian state coffers next year, says the Estonian Institute of Economic Research (EKI), according to which this year’s revenues from the duty are smaller in absolute terms despite a steep rate hike. “The price difference with…

Estonia: September 2017 consumer price index up

According to the information released by Statistics Estonia, the consumer price index in September decreased by 0.1% compared to the previous month and increased by 3.7% YoY. Compared to September 2016, goods were 3.7% and services 3.5% more expensive. Regulated prices of goods and services have risen by 7.4% and non-regulated prices by 2.7% compared…

Estonia: completion of eastern border delayed

While Estonia’s modern eastern border with Russia was initially planned to be completed by 2018 or 2019 at the latest, currently even test sections of the border have not yet been finished. Last November, then-Minister of the Interior Hanno Pevkur (Reform) said that the Estonian government had set the ambitious goal of building the new…