Estonia: Tartu to sign sister city agreement with Lviv

The city council of Estonia’s second-largest city, Tartu, has voted in favour of concluding a sister city agreement with the western Ukrainian city of Lviv, ERR reports. The main focus of the cooperation agreement will be to provide help for Ukraine’s reconstruction, civil protection, and crisis management. Both Tartu and Lviv are important university cities…

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Baltic: Nordic, Baltic financial regulators rehearse crisis scenario

The financial regulatory authorities of the eight Nordic and Baltic countries have conducted a financial crisis simulation exercise under the Nordic Baltic Stability Group framework, ERR reports. The exercise was aimed at testing preparedness for a potential crisis situation, including in communication, information sharing, and collaboration between the authorities. Around 450 participants representing Nordic, Baltic,…

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Estonia: Eesti Post plans to raise postal fees by third in 2025

Estonia’s state-owned postal services provider, Eesti Post, which operates under the Omniva brand, plans to raise the price of universal postal services by a third as of 1 January 2025, ERR reports. If the Estonian Competition Authority (Konkurentsiamet) approves the rate hike, the postage price of a standard domestic letter will rise from current EUR…

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Estonia: State to fund apartment building renovation for EUR 500mn

The Estonian government has allocated a record EUR 185mn of EU funds for renovating apartment buildings, ERR reports. Infrastructure Minister Vladimir Svet said that another EUR 80-90mn would be available for renovations annually over the next three years. The state will thus provide altogether almost EUR 500mn of support through various instruments for apartment building…

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