The 2022 state budget, passed at the Riigikogu on December 8, includes a component for the cultural sector, which totals close to EUR 300 million. The total culture budget comes to EUR 290 million (or 2% out of the total EUR 13.633 billion expenditures), with EUR 2 million of this going towards support for the…
There were 11,518 job vacancies in the enterprises, institutions and organizations of Estonia in the third quarter of 2021, data from Statistics Estonia showed. This number increased by a third, while more than 8,500 people left their jobs on the employer’s initiative. The total number of vacant and occupied posts was 619,665. Manufacturing, trade and…
Estonian accommodation establishments serviced over 227,000 tourists in October, up by 44% YoY, data from Statistics Estonia showed. Statistics Estonia analyst Helga Laurmaa said foreign tourists found their way to Estonia once again in October. “Compared to October 2020, there were three times more foreign tourists, although their number was still almost two times smaller…
The state-owned energy group Eesti Energia has started up all its production capacities due to the increased demand for electricity, but this will not help bring the current extremely high stock exchange prices down. Eesti Energia spokesperson Priit Luts confirmed that the Narva power plants did not contribute to the formation of the high prices.…
The average price of electricity in the Estonian region of the Nord Pool energy market reached EUR 290.06 on December 6. The previous record was broken on November 29 when the price reached EUR 263.96. The average price for the month of November was EUR 116.78, up 2.8-fold YoY. Before 2021, the record price of…
The prices of several food products have already gone up, while a general and abrupt hike is expected to arrive at the start of the new year at the latest. Growing input prices will affect the cost of meat, milk, cheese and bread. Estonia’s leading food processor HK Scan Estonia that uses the Rakvere and…
On December 2, Tallinn city government approved the city’s budget for 2022, which would exceed the EUR 1-billion mark for the first time ever. The investment volume will almost double to EUR 269 million. “The total budget volume is greater than EUR 1 billion for the first time in history at a total of EUR…