According to the information released by Statistics Estonia on September 20, the producer price index of industrial output increased by 0.8% MoM and by 4.7% YoY. Compared to the previous month, the producer price index in August was affected more than average by an increase in prices in the manufacture of electronic equipment, in electricity,…
Prime Minister Juri Ratas (Center) met with Vice-President of the European Commission Maros Sefcovic to discuss energy infrastructure projects, the Clean Energy package and other energy sector-related matters. Ratas and Sefcovic opened the meeting by discussing the synchronization of Baltic power systems with Poland and Europe. “The synchronization of Baltic power systems needs to meet…
The Estonian Food and Veterinary Board (VTA) has diagnosed African swine fever (ASF) in pigs on a farm with 6,800 pigs belonging to Linnamae Peekon OU in Laane-Nigula Municipality, Western Estonia. The VTA received a call on September 18 stating that increased mortality had been detected on the farm. The last time the VTA had…
Next year, Estonia will see its largest defense budget so far. According to Minister of Defence Juri Luik (IRL), funding Estonia’s national defense continues to be a priority. The defense area accounts for about EUR 528 million in next year’s state budget, which is the largest defense budget in Estonian history, according to the Ministry…
The supervisory board of Estonian Railways (EVR) authorized the company’s management board to begin the activities necessary for the construction of the Riisipere-Turba section of the future Haapsalu rail link. The company must draw up and coordinate the project’s terms of reference and draft project, carry out an environmental impact assessment and construction engineering study…
Minister of Finance Toomas Toniste (IRL) said that increased economic growth, which is increasing revenues to the state budget, should not mean an increase in expenditures. “My wish is that next year, when revenues increase, we do not increase spending,” Toniste said at the government press conference. “This will generate additional funds and we will…
Industrial production in Estonia in July fell by 3.1% compared to June, but rose by 4.7% compared to July of last year, according to data published by Eurostat. Industrial production in the Eurozone rose by 0.1% MoM in July, but fell by 0.3% in the EU. Meanwhile, July production increased by 3.2% YoY in the…