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23.08.2012 Unscheduled Russian Power-Down Limits Capacity in Baltics

ERR - The power transmission capacity between Estonia and Latvia is more limited than normal due to an uncoordinated maintenance shutdown of a 330-kilowatt power line in Russia.

03.08.2012 Skype Estonia: Recruiting From Abroad a Struggle

ERR - Immigrant-unfriendly circumstances are hindering Skype Estonia from recruiting IT developers from abroad, according to the company.

03.07.2012 Estonia Welcomes EU Banking Union, Opposes Central Budget Control

ERR - hief among the issues to be discussed at the June 28-29 meetings is a plan authored by European Council President Herman Van Rompuy and the heads of the European Commission, European Central Bank and the Euro Group to, as some see it, increase federal control over the countries in the euro area and reduce national sovereignty.

03.07.2012 Finnish Minister Proposes Abolishing Corporate Income Tax, Estonian-Style

ERR - Minister of Economic Affairs Jyri Häkämies of the conservative Kokoomus told Turku-based daily Turun Sanomat that he plans to introduce the proposal to the cabinet for discussion, saying it would encourage companies to invest rather than withdraw profits.

15.06.2012 The Many Reasons Estonia Is a Tech Start-Up Nation

WSJ Online - Estonia is the 132nd-smallest country in the world by land mass, yet it produces more start-ups per head of population than any other country in Europe. It has a population the size of Copenhagen but has one of the world's most advanced e-governments.

11.06.2012 Hansson: Austerity is Justified and for Some, the Only Choice

ERR - Newly sworn-in central bank governor Ardo Hansson, one of the architects of Estonia's 1990s monetary reform, has sounded off on this week's public clash over economic paradigms, underlining that a Keynesian approach may not even be an option for larger countries.

06.06.2012 Yes, they use the euro. And the economy is booming.

Globalpost.com - TALLINN, Estonia — It’s the euro zone Jim, but not as we know it.

Sixteen months after it joined the struggling currency bloc, Estonia is booming. The economy grew 7.6 percent last year, five times the euro-zone average.

28.05.2012 Little-known Estonia could be Singapore's Baltic cousin

Straitstimes - FROM all accounts, Singapore is doing well in trading with China, the United States, India, Japan and Asean.

25.05.2012 OECD report: Estonia has made progress in terms of improving quality of life

Estonia has made progress over the last decade in terms of improving the quality of life of its citizens. Until the financial crisis of 2008, the economy had seen recordbreaking growth. Notwithstanding, Estonia still ranks low in a large number of topics relative to most other countries in the Better Life Index.

16.05.2012 'Raybike' Wins Innovative Entrepreneurs Competition

ERR  - The Raybike, a new type of scooter, has been selected as the winner of this year's Ajujaht (Brain Hunt), a competition for innovative entrepreneurs with a 20,000-euro award.

16.05.2012 Leningrad Officials Meet With Food Industry Reps

ERR - A delegation from the Leningrad Oblast in noerthwestern Russia is visiting Lääne-Viru County to familiarize with local agriculture and food production.

16.05.2012 E-Governance System Technology Exported Successfully

ERR - The government of Azerbaijan has launched a public online service site developed by Estonian software firms.

16.05.2012 Estonia Still Has Highest Inflation in Eurozone

ERR - For the fourth consecutive month, Estonia topped the Eurozone's annual inflation rankings in April with a 4.3 percent price increase, recently published data by Eurostat reveal.

14.05.2012 European Leaders Discuss Fate of Eurozone

ERR - A panel discussion titled "The Eurozone: Out of the Woods or Out of Order?" was one of the main events at the Lennart Meri Conference in Tallinn on Saturday.

14.05.2012 Ministry Pushes Participation at 2015 EXPO

ERR - The Ministry of Economic Affairs has made a proposal to the Cabinet for Estonia to participate at the 2015 Expo world fair in Italy, which would cost the state an estimated 3.7 million euros.

09.05.2012 Estonian Air Aims for Asia

ERR - Airlines from Singapore, Oman and Qatar will participate at a two-day aviation conference in Tallinn on May 20 to 22 to start negotiations for opening new routes with Estonian Air.

03.05.2012 Above the NOISE: Estonia should be the future model of Europe

Tradingfloor.com - Peter Garnry

Non-Independent Investment Reseach

The debt crisis in Europe is still on and the overhang from our reckless spending in governments and households will haunt us for years, maybe even decades. The hangover will be worst for the most indebted countries, predominantly peripheral countries and French-speaking countries (France and Belgium). Our current situation is a cancer brought about by two main catalysts: dysfunctional labour market laws and a reckless spending culture fueled by disregard for savings and investment. Estonia has completely avoided this cancer and the country's model should be considered the future model of Europe.

20.04.2012 President of Estonia: “Thank you for going. And even more for coming back”

EUROVIEWS - Estonia has a long history of both emigration and immigration that has coincided with periods of colonization, independence and occupation. The other period added to this list can be – euro crisis. High prices, austerity measures, bitterness of helping technically richer southern countries, and other disappointments that the euro brought to Estonia encourage Estonians to pack their bags and leave to pursue their happiness in other countries.

13.04.2012 Study: Estonia needs two or three times more IT specialists

BBN - According to a study of the Development Fund, Estonia should have at least two to three times more IT specialists than at present, writes Äripäev.

13.04.2012 Baltics Adopt Joint Declaration on EU Agriculture Subsidies

ERR - Parliament committees from the three Baltic states adopted a declaration today, drawing attention to unequal distribution of EU agricultural subsidies among member states.

05.04.2012 Foreign companies move their backoffices to Estonia

BBN - More and more foreign companies are discovering Estonia as a provider of share services functions, writes Äripäev.

05.04.2012 Quality of Life Stagnant Despite Fast Economic Growth

ERR - Statistics Estonia senior analyst Silja Karu says last year's fast-paced economic growth did not improve quality of life for Estonians because prices rose faster than earnings.

02.04.2012 Economic Confidence Grows in March

ERR - While confidence in the economy generally worsened across the EU between February and March, in Estonia it took a turn for the better, figures released yesterday by the European Commission show.

02.04.2012 Ministry Discusses Common Sales Law with Traders

ERR - Estonian retailers feel differences in sales law in the EU are hampering their access to many markets abroad, according to the Justice Ministry, which met with several business associations to discuss progress toward this aspect of the single market.

16.03.2012 Foreign Companies More Influential in Export

ERR - According to Statistics Estonia, 11,909 companies exported goods in 2011, of which half were located in Harju County. The share of non-resident companies in that total was 15 percent, more than a year ago.

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