Estonia: bad weather disrupts ferry services

Linda Line, which operates the high-speed catamaran Karolin between Tallinn and Helsinki, has canceled all September 4 departures from both capital cities due to bad weather conditions on the Gulf of Finland. Linda Line, which operates under the Linda Line Express brand, has a policy of canceling departures due to conditions involving wind speeds in…

Estonia: economy not about to overheat

Estonia continued to be a net saver, and the country’s economy was not about to overheat, Tonu Palm, chief economist at Nordea, said in his comments on the reported 5.7% GDP growth. “The economy’s rapid growth stems from a low reference base in a situation where there has been underinvestment for years. Loan growth is…