Estonia: Coalition to support new industries, nationwide development

Estonia’s ruling coalition parties have agreed to boost Estonia’s economic competitiveness by developing new industries and focusing on nationwide development, ERR reports. The three parties aim to reduce bureaucracy and use EU funds and CO2 money for industrial growth. The coalition plans to distribute subsidies for large investments across Estonia to raise wages and improve living standards outside the capital. Additionally, they emphasise the importance of stability and clear policies to support entrepreneurs and attract major investments, ensuring access to quality labour and capital.