ERR - The nation's export and import totals each landed firmly in the billion-plus zone in August, scoring respective increases of 45 percent and 42 percent compared to the same month of last year, new figures from Statistics Estonia show.
The Chamber of Commerce and Industry of Estonia is involved in a new project in cooperation with the Estonian Honorary Consul in Lyon, France: a French – Estonian business club supported by a website. This is a great opportunity to present and promote your company! Indeed the website will gather the contacts of Estonian businesses willing to sell their products to France and be directly available online to potential French partners.
ERR - Minister of Economic Affairs Juhan Parts and Greek Deputy Minister for Administrative Reform and E-Government Pantelis Tzortzakis met on September 26, to discuss ways of reducing red tape and corruption in Greece through implementing nationwide IT solutions.
ERR - Pessimism among Estonian consumers has grown for the second month in a row, poll figures from the Institute of Economic Research suggest.
ERR - Chancellor of Justice Indrek Teder has found: the draft legislation for joining the EU's bailout facility may be unconstitutional, as claimed by the Social Democrats.
ERR - A European Commission delegation is in Tallinn to discuss the contract for the EU's IT agency to be built in Estonia.
ERR - When he emerged from a meeting of EU finance ministers on the weekend, Finance Minister Jürgen Ligi prodded his Parliament to pass legislation ratifying new powers for the European Financial Stability Facility (EFSF).
ERR - Estonia and India have fleshed out the legal basis for economic ties both countries expect will become more substantial in the decades ahead.
Tonight, OÜ Fortumo was recognised as the overall winner of the Entrepreneurship Award 2011 given out by Enterprise Estonia, whereas AS EMT was proclaimed the most competitive enterprise based on the Estonian Companies’ Competitiveness Ranking 2011 compiled by the Estonian Chamber of Commerce and Industry and the Estonian Employers’ Confederation.
ERR - The British-Estonian Chamber of Commerce and Enterprise Estonia London hold a conference in Edinburgh on September 13. Titled "SmartEST: New Nordic Estonia," the event aims to foster business links and introduce new investment opportunities.
ERR - A framework agreement for Estonia's contribution to the European Financial Stability Facility (EFSF) has top priority on Parliament's to-do list.
ERR - The Finance Ministry has released its latest economic forecast, calling for growth to accelerate to 7 percent followed by a slower 3 percent in 2012.
ERR - In the second quarter of the year, Estonian construction companies saw a 10 percent increase in domestic volume compared to the same period of 2010, and an 11 percent increase when foreign projects were taken into account.
ERR - Minister of Finance Jürgen Ligi confirmed on August 30 his decision to run for the office of the governor of the Bank of Estonia.
ERR - After 11 quarters of decline, inflation-adjusted wages could finally start rising in the second half of this year, according to analysts from major banks, but the increase could be a small one.
ERR - With about 500 kilometers of new fiber optic cable installed, the initial stage of EstWin, a project to provide the entire population with 100-megabits-per-second broadband internet access by 2015, is now finished, its supervisory body announced on August 22.
ERR - Based on tax returns filed, the average gross salary in the nation last year amounted to 635 euros, or 9.6 euros less than the 2009 level, according to a Tax and Customs Board release.
ERR - Major regional banker Swedbank has once again raised its estimate for Estonia's 2011 economic growth, this time pegging it at 6.7 percent.
ERR - If current trends continue, Estonia's energy sector will be facing a shortage of 1,000 engineers in ten years' time, a new study has found.
ERR - The nation's producer price index remained on a growth trajectory in July, registering a 5.2 percent increase compared to the same month of last year and a 0.2 percent increase since June, new figures from Statistics Estonia show.
ERR - As in the first quarter of the year, the 8.4-percent economic growth reported by Estonia in the second quarter was the highest among the EU countries.
With the decision of the Board of dated 1 August 2011 the Estonian Chamber of Commerce and Industry awarded to the medal of honour of I class to the President of the Association of Lithuanian Chambers, Industry and Crafts, Dr. Rimantas Stankevićius for special services in promoting commerce between Estonia and Lithuania, and facilitating development of the chambers of commerce.
Bloomberg Businessweek - Estonia’s credit rating, upgraded by Fitch Ratings last month, was raised by Standard & Poor’s Ratings on the Baltic country’s strong economic growth and solid public finances.
ERR - Estonians show the second most positive attitude in the EU regarding the bloc's economic prospects, with 64 percent of people believing that the crisis has passed its peak and will no longer influence the labor market, a recent survey by Eurobarometer reveals.
ERR - According to financial expert Indrek Neivelt, the common European currency requires much more than the economic and monetary union can offer today. In order for the currency to survive, the union should move towards centralization of power, from having a common financial minister and bonds to adopting a common taxation policy.