Baltic: Power grids to exit Russian system in February 2025

The Baltic power transmission system operators (TSOs) have notified Russia and Belarus of their intention to decouple from the Russian-controlled IPS/UPS electricity system in February 2025, ERR reports. Estonia’s Elering, Latvia’s Augstsprieguma Tikls (AST), and Lithuania’s Litgrid informed the Russian and Belarusian TSOs that they would not extend the BRELL parallel energy system operation agreement….

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Estonia: PM Kaja Kallas resigns after over three years in office

Estonian Prime Minister Kaja Kallas has submitted her resignation to President Alar Karis, ERR reports. Kallas will also resign from her post as chairperson of the Estonian Reform Party. Earlier, she was nominated as the EU’s foreign policy chief. Kallas will remain acting head of the government until the new coalition is sworn into office, which…

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Estonia: Finance Minister suggests listing RB Rail on stock exchange

Estonian Finance Minister Mart Võrklaev suggested floating the company coordinating the Rail Baltica railway project, RB Rail, on the stock exchange to raise more funds amidst rising construction costs, ERR reports. Construction costs in Estonia alone are estimated at EUR 3.1bn, with EUR 1.2bn secured from EU funding. Võrklaev said that the government expected to have…

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Estonia: Incoming coalition plans budget cuts across all ministries

Estonia’s incoming ruling coalition has agreed to implement budget cuts across all ministries, including defence and interior affairs, ERR reports. Margus Tsahkna, chairman of Estonia 200, said that each ministry would likely face a percentage-based cut to salaries and management costs, and that no new jobs would be created. The coalition plans to extend the…

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Estonia: Several countries interested in renting prison space: ministry

Several countries have expressed interest in renting Estonia’s empty prison space, according to the Ministry of Justice, ERR reports. A ministry official said that neighbouring countries had shown interest, and that European statistics indicated a demand for prison space. However, legislative amendments were needed before renting out prison space, the official added. Earlier reports suggested…

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