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.
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.
Straitstimes - FROM all accounts, Singapore is doing well in trading with China, the United States, India, Japan and Asean.
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.
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.
ERR - A delegation from the Leningrad Oblast in noerthwestern Russia is visiting Lääne-Viru County to familiarize with local agriculture and food production.
ERR - The government of Azerbaijan has launched a public online service site developed by Estonian software firms.
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.
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.
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.
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.
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.
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.
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.
ERR - Parliament committees from the three Baltic states adopted a declaration today, drawing attention to unequal distribution of EU agricultural subsidies among member states.
BBN - More and more foreign companies are discovering Estonia as a provider of share services functions, writes Äripäev.
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.
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.
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.
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.
ERR - The cost of employing workers in Estonia rose 7.2 percent between the final quarters of 2010 and 2011, the biggest jump in the Eurozone.
ERR - The second of the four Embraer 170 aircraft leased from Finnair arrived on March 7, allowing Estonian Air to continue implementing its strategy for competing with low-cost carriers on regional routes.
ERR - Baltic prime ministers affirmed their support today for the construction of the five-billion euro Visaginas nuclear power plant in Lithuania by 2020.
ERR - Estonia's consumer price index was up by 4.2 percent in February compared to the same month of last year, with the increases largely helped along by rising housing costs, Statistics Estonia has said.
ERR - Estonia should increase state funding in IT field education to be able to bring in work to the country as well as export specialists, said a regional executive of a business software giant.