Estonia

Pensioners: Pension hikes not the reason for poor shape of Estonia’s public finances

August 6, 2024

The Estonian Union of Pensioners Associations is disturbed by allegations in the media that it is not the economic downturn but rather the increase in pensions to partially compensate for [..]

Opinions

Economic adviser: Claims of Estonia joining EU’s most expensive countries incorrect

July 31, 2024

The assertion by the Estonian Institute of Economic Research (EKI) that Estonia is moving towards becoming one of the five most expensive countries in Europe is inaccurate, according to the [..]

Estonia

Estonian cbank: Slowing inflation helping boost people’s purchasing power

July 8, 2024

Commenting on the latest consumer price statistics, Bank of Estonia economist Rasmus Kattai noted that slowing inflation and wage growth are helping to increase people’s purchasing power. “In June, Estonia’s [..]

Estonia

Estonian ministry: Annual inflation is on a downward trend

April 8, 2024

Kristjan Pungas, analyst at the fiscal policy department of the Estonian Ministry of Finance, said in his commentary on latest inflation data on Friday that a slowdown in inflation continued [..]

Estonia

SEB survey: Financial situation of nearly half of Estonian residents has deteriorated

March 1, 2024

Over the past 12 months, the financial situation of almost half, or 45 percent, of the residents of Estonia has worsened, it appears from the results of a financial security [..]

Lithuania

Four in 10 Lithuanians would back defense tax from 2025 – Baltijos Tyrimai/LRT poll

February 19, 2024

Four out of ten people in Lithuania would support a new defense tax from 2025, according to a Baltijos Tyrimai survey published by the public broadcaster LRT on Monday. Just [..]

Estonia

Luminor chief economist: Estonian prices jumped past input costs in January

February 12, 2024

Explaining the causes of the fast rise in the prices of goods and services in January, Lenno Uuskula, chief economist at Luminor, used the term “menu costs” from Keynesian economics [..]

Estonia

In 2023 transactions of real estate market decreased by 17 percent compared to 2022

February 9, 2024

2023, a year in which new crises arose, saw a decline in the number and total value of transactions in the Estonian real estate market, with the total value of [..]

Lithuania

Lithuania has lowest future pension to wage ratio among OECD countries (media)

January 16, 2024

The ratio of future pensions to wages in Lithuania is the lowest among member countries of the Organization for Economic Co-operation and Development, the LRT news website reports on Monday. [..]

Estonia

Estonian bank: Number of foreign tourists growing less quickly

November 9, 2023

The number of foreign tourists in Estonia is growing less quickly and has still yet to bounce back to pre-pandemic levels, according to data by the Bank of Estonia. Trips [..]

Estonia

Economic forecasts anticipating 2 pct GDP decline for Estonia this year

September 29, 2023

Estonia’s major economic forecasts for this year predict a gross domestic product (GDP) decline of around 2 percent. According to the most recent economic forecast by the Bank of Estonia, [..]