Electricity prices in Estonia will increase significantly following the planned decoupling from the Russian electricity grid in February 2025, Postimees reports. Currently, the rate for production and consumption stands at just EUR 0.04 per MWh. Estonia’s transmission system operator, Elering, has proposed raising the rate to as much as EUR 5.31 per MWh, largely due…
The construction price index in Estonia rose by 2.2% on year in the second quarter of 2024, according to data from Statistics Estonia, ERR reports. Compared to the first quarter of 2024, the index rose by 0.7%. The cost of labour rose by 1.3%, of machinery by 2.4%, and of building materials by 0.2% over…
Ministers in Estonia’s new government led by Kristen Michal of the Estonian Reform Party have been sworn in before the country’s parliament, the Riigikogu, ERR reports. Reform has seven, the Social Democratic Party (SDE) four, and Estonia 200 three ministers in the new coalition. The cabinet of ministers includes seven men and seven women.
Estonian President Alar Karis has appointed into office a new coalition government headed by Kristen Michal of the Estonian Reform Party, ERR reports. Earlier, the government was overwhelmingly approved by the Estonian parliament, the Riigikogu. The coalition consists of the same three parties as the previous government of Kaja Kallas: Reform, the Social Democratic Party…
Estonia’s three-party coalition of the Estonian Reform Party, Social Democratic Party (SDE), and Estonia 200 has published its new coalition agreement, ERR reports. Under the agreement, the coalition pledges to cut the budget deficit to 3% of GDP in 2025 and 2026, and to reduce it further in 2027. The new government will raise most…
The Estonian Reform Party will appoint MP Jürgen Ligi as the new finance minister in the incoming three-party coalition government, outgoing Finance Minister Mart Võrklaev announced, ERR reports. Ligi served as defence minister in 2005-2007 and finance minister in 2009-2014. He has also served as foreign minister and education minister. Moreover, Võrklaev said that Reform…
Estonia’s ruling parties have agreed that the Social Democratic Party (SDE) will gain an additional ministerial portfolio in the new three-party coalition, Health Minister Riina Sikkut of SDE announced, ERR reports. At the moment, the Estonian Reform Party has five ministers and the post of prime minister, while SDE and Estonia 200 (E200) have three…
Estonia’s three ruling parties are likely to draw up a new coalition agreement by 19 July 2024, the Estonian Reform Party’s candidate for prime minister, Kristen Michal, stated, ERR reports. He said that the three parties had already agreed on the majority of the text in the most important policy areas: competitiveness, growth, public finances,…
Estonia has implemented an EU-wide ban on the entry of vehicles registered in Belarus, ERR reports. The new restriction does not apply in humanitarian cases and to cars with diplomatic licence plates. Latvia and Lithuania are implementing similar bans. Estonia’s Foreign Minister, Margus Tsahkna, noted that the Belarusian regime was directly contributing to Russia’s war…