Estonia: budget to reach balance by 2020

At a meeting with representatives of the International Monetary Fund (IMF), Prime Minister Juri Ratas (Center) said that Estonia met the objective of medium-term budget balance and according to current plans should reach a balance by the year 2020. At the meeting Ratas introduced the Estonian government’s budget policy as well as activities to support…

Estonia: Tallinn announces public procurement for construction of Reidi Road

The Utilities Department of the City of Tallinn announced a public procurement for the primary builder in the construction of the Reidi Road project. The necessary work includes road construction extending the existing waterfront fortification, the establishment of utility networks, construction of water supply and sewage, a pumping station, street lighting, landscape architecture, electricity supply,…

Estonia: January 2018 retail turnover down

According to information released by Statistics Estonia, the turnover of retail trade enterprises in January decreased by 1% YoY at constant prices. The decrease in turnover was affected the most by enterprises engaged in the retail sales of automotive fuel. In January the turnover of retail trade enterprises totaled EUR 521.2 million. The decrease in…