Latvia’s national air carrier, airBaltic, will open flights on eleven new routes in May 2024, including seven from Latvia, two from Estonia, and two from Lithuania, BNS reports. The company will open flights from Riga to Alicante, Chisinau, Ljubljana, Pristina, Skopje, Sofia, and Tirana. Also, airBaltic will open flights from Tallinn to Billund in Denmark…
Estonia’s GDP will decline by 1.8% in 2023 and grow by 1.5% in 2024, according to SEB Bank’s latest forecast, ERR reports. The average unemployment rate will reach 6.5% in 2023 and 6.9% in 2024, the bank projects. Mihkel Nestor, chief economist at SEB, noted that the outlook for the Estonian economy has deteriorated in…
Estonia’s Prime Minister, Kaja Kallas, has refused to attend a joint session of the state budget and the anti-corruption select committees of the Estonian parliament, the Riigikogu, on 29 August 2023, ERR reports. The committees will hold an extraordinary joint meeting to discuss the operations of Estonian businesses in Russia. Kallas has come under heavy…
Estonia’s real GDP will decline by 2.0% in 2023, according to the Ministry of Finance’s latest forecast, BNS reports. The GDP will grow by 2.7% in 2024, by 3.0% in 2025, by 2.5% in 2026, and by 2.2% in 2027, the ministry projects. Earlier, the ministry expected real GDP to drop by 1.5% in 2023…
Most Estonians want Prime Minister Kaja Kallas to resign amid a scandal involving her husband, according to polls, ERR reports. In a Norstat survey for the Institute of Social Research (YI), 57% of respondents said that Kallas should resign, while 31% said that she should provide an explanation but could continue as prime minister. Another…
Estonian Prime Minister Kaja Kallas is under pressure after ERR revealed that Keila-based logistics company Stark Logistics, in which her husband, Arvo Hallik, owns nearly 25% of shares, has continued to do business in Russia. Stark Logistics has shipped metal containers manufactured by Tallinn-based Metaprint to Russia. The majority owner of both Metaprint and Stark Logistics…
Estonia’s producer price index (PPI) of industrial output fell by 3.2% on year in July 2023, according to Statistics Estonia’s data, ERR reports. Compared to June 2023, the PPI fell by 1.0%. Producer prices fell by 1.1% over a year in manufacturing but rose by 5.8% in food production. Export prices declined by 3.0% and…
The European Commission (EC) demands hundreds of thousands of euros in fines from Estonia for late implementation of two EU directives, ERR reports. Estonia has failed to transpose the so-called whistleblower directive into national law by December 2021. Also, the EC has initiated infringement procedures against Estonia over the European Competition Network (ECN+) directive, which…
The Estonian nation has never been extinguished despite having once lost independence through occupation and oppression, Estonia’s President, Alar Karis, stated, ERR reports. Speaking on Estonia’s 32nd Independence Restoration Day, Karis said that the Estonian state was founded on “liberty, justice, and the rule of law,” in that order. He said that freedom constituted the…