The EU should make the implementation of a global minimum corporate income tax voluntary or abolish the tax altogether for small countries like Estonia, Finance Minister Jürgen Ligi insisted, ERR reported. He noted that the EU had made the global minimum tax mandatory for member states through a directive, which he said placed EU businesses…
Investors and listed companies are leaving Estonia’s Nasdaq Tallinn stock exchange, ERR reports. Joakim Helenius, chairman of Trigon Capital, which handles the Norwegian Oil Fund’s investments on Nasdaq Tallinn, noted that foreign investors had been pulling money out of the Estonian stock market for several years and no new foreign investors were coming in. He…
The Baltic States will receive “special favour” from the United States in the future for being “model allies” who prioritise their own defence, US Secretary of Defence Pete Hegseth stated, ERR reports. The three Baltic countries have pledged to allocate 5% of their GDP to defence over the coming years. Allies that “fail to do…
French risk management company Coface’s ranking of the 50 largest companies by turnover in the Baltic States in 2024 includes 28 companies in Lithuania, 15 in Estonia, and 7 in Latvia, LETA reports. The top five companies are all from Lithuania: retail holding group Vilniaus Prekyba with a consolidated turnover of EUR 8.02bn in 2024,…
Estonia hopes to receive around EUR 6bn more from than it pays to the EU’s budget for 2028-2034, Finance Minister Jürgen Ligi said, ERR reports. Under the current budget proposal, Estonia would contribute EUR 4.8bn to the EU’s next multiannual financial framework. Estonia’s national allocation would amount to EUR 6.5bn and funds awarded competitively to…
Estonia does not support banning young people from accessing social media, Estonia’s Justice and Digital Affairs Minister, Liisa Pakosta, announced, ERR reports. Earlier, the European Parliament proposed setting an EU-wide age limit on social media platforms. Under the plan, children could use social media from the age of 13 with parental consent and independently from…
Estonia’s consumer price index (CPI) rose by 4.9% on year in November 2025, according to data from Statistics Estonia, ERR reports. Prices for services rose by 7.9% and for goods by 2.9% over a year. Compared to October 2025, the CPI dropped by 0.2%, however. Lauri Veski, team lead at Statistics Estonia, said that rising…
The presidents of the three Baltic States met in the Latvian capital, Riga, on 4 December 2025 for their annual pre-Christmas meeting, LSM and BNS reported. Latvian President Edgars Rinkevics said that key issues discussed included defence and security, border protection, and support for Ukraine. He emphasised that “if you look at the map, the…
Estonia’s Minister of Economy and Industry, Erkki Keldo, has approved a national action plan to broaden equal opportunities and protections for LGBTIQ people, ERR reports. The plan sets goals to ensure that everyone in Estonia has equal opportunity to live a full, supported, and inclusive life, regardless of sexual orientation, gender identity, gender expression, or…