The 2021 state budget will run a deficit and contain no major cuts, the government has announced after two days’ discussion. The talks have not yet led to anything concrete yet, however, though the state is projected to be running a deficit at least till 2024. Following the meetings held at Sagadi manor in Laane-Viru…
Minister of Economic Affairs and Infrastructure Taavi Aasa (Center) said the railway line from Haapsalu to Rohukula in western Estonia could be completed until 2026. It will cost an estimated EUR 100 million to complete. Eesti Raudtee has announced the design procurement of the next section of the Haapsalu railway from Turba to Ellamaa. The…
While exports of goods fell by 1% YoY in July, a fall in re-exports was the main factor in the decline, and exports of goods of Estonian origin actually grew, state agency Statistics Estonia said. Imports fell by 6% over the same period, the agency said. The trade deficit fell by EUR 77 million, to…
The state-owned airline Nordica has said it does not want to resume direct flights to Stockholm at present. The government has permitted the reopening of direct flights to Sweden after the country’s coronavirus rate fell, but Nordica is waiting for state support. Nordica spokesman Toomas Uibo said the route had been allowed to reopened so…
Starting from September 2, passengers on Virtsu-Kuivastu ferry line between Muhu and mainland Estonia are serviced by TS Laevad, a subsidiary company of Port of Tallinn, ferry Toll which has been converted into the first hybrid passenger vessel in Estonia. Its batteries allow from now on for partial travel on electricity, which reduces the amount…
Minister of Finance Martin Helme (EKRE) said at a government press conference that Estonia had a deficit budget this year and would likely have one in several years to come. An extension of wage support for the tourism industry is not on the cards. Helme added that if the wish were to balance the state…
Ferry company Tallink Grupp has said that more than 2,000 jobs are at risk if salary compensation schemes are not extended in Estonia and Finland or travel restrictions are lifted. The company is currently undergoing an “extensive reorganization”. Nearly all 1,200 Tallink Silja OY employees are affected by the lay-offs, both in the company’s onshore…