Estonia’s annual GDP growth will reach around 2.5% in 2026, 2027, and 2028, the Bank of Estonia forecasts, Estonian World reports. The country’s economic recovery is driven by increased household consumption following tax changes, higher government spending financed by borrowing, and stronger manufacturing exports. The central bank urged to boost productivity and competitiveness. The biggest…
A group of prominent Estonians has proposed retired major general Riho Ühtegi, former commander of the Estonian Defence League (Kaitseliit), for president, ERR reported. Ühtegi confirmed that he was ready to stand as a candidate, Estonian World reported. He said that businessman Raivo Vare could be called his “campaign manager,” ERR reported. Earlier, the ruling Estonian…
Estonian President Alar Karis announced that he would not run for a second term in office, ERR reported. He said that he had made the decision a long time ago and cited personal reasons. One reason was that he had promised his family that he would only serve one term, Karis explained. The chairman of…
Newly released documents connected to the convicted US human trafficker, Jeffrey Epstein, include numerous mentions related to the Baltic States. Several documents refer to travel arrangements to Estonia, Latvia, and Lithuania, Estonian World reports. Many messages refer, often in sexualised context, to women that Epstein or his associates had met in the Baltic States. Latvia…
The Estonian Centre for Defence Investments (RKIK) has signed a contract to buy six K239 Chunmoo self-propelled multiple-launch rocket systems (MLRS) from South Korea’s Hanwha Aerospace for EUR 290mn, ERR reports. Under the deal, Hanwha will deliver the MLRS units within two years. Additional units and longer range may be added later. Also, Hanwha will…
Altogether 564,800 households in Estonia, which is 95% of all households, now have internet access, which is 20,000 more than in 2024, according to Statistics Estonia’s survey, Estonian World reports. The survey shows that almost 100% of people aged 16-54 years use the internet. Also, internet use has increased markedly among the elderly as people…
Estonia’s GDP growth will reach 0.6% in 2025, according to the latest economic forecast from the Bank of Estonia, Estonian World reports. In June 2025, the central bank forecast that the GDP would rise by 1.5% in 2025. The central bank expects Estonia’s economy to grow by over 3% in 2026 and 2027, boosted by…
Estonia has officially joined the European Organization for Nuclear Research (CERN) as the organisation’s 24th member state, Estonian World reports. Estonia applied for CERN membership in 2018. Estonia signed the first cooperation agreement with CERN in 1996 and gained associate member status in 2021. As a full member state, Estonia will have voting rights in…
Estonia’s unemployment rate stood at 7.6% in the second quarter of 2024, according to data from Statistics Estonia, Estonian World reports. The number of unemployed declined by 1,100 people over a quarter. Compared to the second quarter of 2023, the number of unemployed increased by 7,600, however. The employment rate stood at 69.7%, and the…
