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…

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Lithuania: LVZS, LSDP may form two-party coalition government

Lithuania’s opposition Lithuanian Farmers and Greens Union (LVZS) and Lithuanian Social Democratic Party (LSDP) could form a two-party coalition government after the parliamentary elections in October 2024, LVZS chairman Ramunas Karbauskis stated, ELTA reports. Speaking in an interview with Ziniu Radijas, Karbauskis said that the two parties could have a stable majority in parliament. However,…

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Estonia: No plan to cut basic income tax exemption: incoming PM

Estonia’s incoming prime minister, Kristen Michal, said that the Estonian Reform Party would not propose reducing or repealing the tax-free income threshold during upcoming talks on forming a new coalition, ERR reports. Earlier, outgoing prime minister Kaja Kallas said that Reform had suggested lowering the basic income tax exemption, but that the party’s coalition partners…

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Estonia: Coalition discusses reducing tax-free income threshold

The Estonian Reform Party has proposed reducing the tax-free income threshold to boost government budget revenue, Prime Minister Kaja Kallas revealed, ERR reports. However, she said that Reform’s coalition partners, Estonia 200 and the Social Democratic Party (SDE), opposed the idea due to its potential adverse impact on low-income earners. Interior Minister Lauri Läänemets of…

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