Imports rose by 20% YoY in March, while exports were just behind at a 19% growth, state agency Statistics Estonia reported. Increases in trade in electrical equipment, mineral products, timber and wood-based products and also transport-related items were the driving factors in the growth, the agency says. Evelin Puura, leading analyst at Statistics Estonia, said…
Tallink has said if the Tallinn-Stockholm shipping line cannot be opened until July, then the route will remain closed until the spring of 2022. The line has been closed to passengers since March 2020. Due to the coronavirus pandemic, it is still unclear if international travel will be feasible for tourists this summer. Tallink is…
April saw a seven-month high in passenger through-flow at Tallinn Airport, with a significant proportion of flights being chartered planes. The development suggests public belief that the cross-border travel situation is improving, as well as a growing desire to travel again, the airport says. While the school spring break was not accompanied by a significant…
Riigikogu speaker and former prime minister Juri Ratas’ criticisms of the recently-unveiled state budget strategy are puzzling, given he has been involved in discussions on the topic and his party, Center, is one of the two coalition partners which reached an agreement on the strategy, Prime Minister Kaja Kallas (Reform) says. “It is strange when…
In March, the turnover of retail trade enterprises was EUR 657 million, data from Statistics Estonia showed. Compared to March 2020, turnover increased by 4% at constant prices. Jaanika Tiigiste, leading analyst at Statistics Estonia, said that despite the coronavirus-related restrictions that were re-introduced in March, retail trade enterprises recorded turnover growth. “Among the stores…
The government approved the state budget strategy for 2022-2025, after the two coalition parties, Reform and Center, reached agreement during negotiations this week. Minister of Finance Keit Pentus-Rosimannus (Reform) said a week ago that the state budget strategy’s main aim for the four years was to support important reforms. To that end, it has set…
Minister of Public Administration Jaak Aab (Center) confirmed that the government had reached a compromise on the state budget strategy discussions and the strategy would be approved on April 29. “We have agreed in principle. It is not like anyone is jumping for joy for this strategy. There are problems and we have had to…