Estonia: renewables to take precedence over oil shale

Transitioning to greater dependence on renewable energy will be accompanied by a halting in support for more traditional fossil fuels-based energy production under a Reform-Center coalition government, Kaja Kallas (Reform) said. The change will particularly affect Ida-Viru County in northeastern Estonia, where oil shale mining, refining and power generation has long been a staple. More…

Estonia: international students and graduates pay over EUR 13 million in tax in 2019-2020

Working international students and graduates paid more than EUR 13 million in tax during the academic year 2019-2020, an analysis by Statistics Estonia showed. The statistics agency’s research, carried out on behalf of the Estonian Education and Youth Authority, showed international students paid EUR 10 million in income and social tax in Estonia and international…

Estonia: fuel prices rise again

The cost of fuel in Estonia has risen again after major retailers increased prices on January 12. 95 Gasoline now costs EUR 1.279 per liter at pump (up from EUR 1.259) and diesel is now EUR 1.119 (up from EUR 1.089). 98 Gasoline is now priced at EUR 1.329 per liter, a 20% increase on…

Estonia: import and export up in November 2020

According to data from Statistics Estonia (Statistikaamet), in November 2020, the exports of goods increased by 9% and imports by 7% YoY. Trade with non-EU countries saw the largest increase. In November 2020, Estonia’s exports of goods amounted to EUR 1.3 billion and imports to EUR 1.4 billion at current prices. The trade deficit was…

Estonia: consumer price index down in 2020

Last year, the consumer price index decreased by 0.4% compared to the average of 2019, data from Statistics Estonia showed. Fuel prices declined the most, while fresh fruit prices rose. Viktoria Trasanov, leading analyst at Statistics Estonia, said motor fuel had the biggest impact on the annual change of the consumer price index, as diesel…