Officials from Estonia’s Ida-Virumaa county are considering the possibility of establishing a direct flight connection with southeastern Finland, ERR reports. Local officials from Narva, Narva-Jõesuu, and Sillamäe took a test flight from an airfield outside Narva to Pyhtää airport (Helsinki-East Aerodrome) in Finland. Esa Korjula, CEO of Pyhtää airport’s operator, Redstone Aero, and Terhi Lindholm,…
Estonian ride-hailing service provider Bolt will separate its taxi drivers in Lithuania by language proficiency, ELTA reports. Bolt spokesman Mantas Cizas siad that the company would apply stricter standards to communication and behaviour in the “Bolt” category, requiring that drivers speak fluent Lithuanian or English. Those who fail to do so can continue in the…
More than 50,000 people in Estonia have signed a public petition against the introduction of a car tax, BNS reports. The petition is thus the most successful public petition to date in Estonia. The petition is open until 31 August 2023. Priit Tammeraid, board chairman of the Estonian Car Owners Association (EAOL), said that the…
Estonia is celebrating the 32nd Independence Restoration Day on 20 August 2023, Estonian World reports. Estonia formally restored its independence on 20 August 1991 during the failed Soviet coup attempt, reconstituting the pre-1940 Estonian state. The first country to recognise Estonia’s reclaimed independence was Iceland. The Estonian War Museum (ESM) has placed a giant Estonian…
Estonia’s electricity distribution system operator, Elektrilevi, plans to double investments in its networks to EUR 1bn over the next five years, ERR reports. Also, the state will invest around EUR 13mn in making the electricity infrastructure on the islands of Hiiumaa, Muhu, and Saaremaa more weather resistant. Elektrilevi will invest EUR 4mn to replace over…
Estonia’s Minister of Justice, Kalle Laanet (Reform), has proposed that citizens of “aggressor states” be deprived of the right to vote in local elections in Estonia, ERR reports. The ban would apply to nearly 69,000 Russian and Belarusian citizens who are permanent residents in Estonia. The voter turnout in Estonia’s previous municipal elections in October…
The three Baltic States have joined the G7’s Declaration of Support for Ukraine, ERR reports. The declaration aims to provide Ukraine with sustained political, military, financial, and economic assistance through bilateral agreements. Estonian Prime Minister Kaja Kallas, Latvian Prime Minister Krisjanis Karins, and Lithuanian Prime Minister Ingrida Simonyte expressed their “unwavering support” for Ukraine until…
Estonia’s current account deficit stood at EUR 20.1mn in June 2023, compared to a deficit of EUR 92.4mn in June 2022, according to the Bank of Estonia’s flash estimate, ERR reports. Exports and imports of goods both fell by 10%, while service exports rose by 3% and imports by 2% over a year. The services…
The Baltic banking group, Luminor Bank, made a net profit of EUR 53.2mn in the second quarter of 2023, which was up 81% from the same period of 2022, ERR reports. The group attributed the sharp rise in profit to an improvement in net interest income. Meanwhile, operating expenses increased by 72% amid investments in…