Estonian political parties received more than EUR 4.9mn in private donations in 2023, according to data from the Political Parties Financing Surveillance Committee (ERJK), ERR reported. The total does not include donations made to the Conservative People’s Party of Estonia (EKRE) in the fourth quarter of 2023, however. The opposition Fatherland (Isamaa) party received altogether…
Estonia’s Bigbank posted a net profit of EUR 17.0mn in the first half of 2023, which was up 21% from EUR 14.1mn in the same period of 2022, GlobeNewswire reports. Net interest income amounted to EUR 46.7mn (EUR 39.7mn) and net fee and commission income to EUR 4.0mn (EUR 3.6mn). In the second quarter of…
Estonia’s Prime Minister, Kaja Kallas, suggested that local businessman Parvel Pruunsild, majority owner of Bigbank, made major donations to opposition parties in order to break up the first coalition government that Kallas headed, ERR reports. In response, Pruunsild’s lawyer sent a letter to Kallas, demanding that she retract her statement and issue an apology. Kallas…