Estonia

Estonian cbank predicts economy to turn to growth in 2nd half of 2024

June 14, 2024

According to the latest economic forecast of the Bank of Estonia, a revival of the economy can be seen in the second half of this year. The return to economic [..]

Lithuania

Lithuania’s fertilizer producer Lifosa plans to resume operations

May 27, 2024

Lithuania’s sanction-hit phosphate fertilizer manufacturer Lifosa said on Monday that it is preparing to restart production after a one-year hiatus, adding that the continuity of operations will depend on various [..]

Estonia

Restoration of services continuing at Hansab, banking services working in Estonia

March 6, 2024

As of Tuesday noon, automation services provider Hansab, which came under a cyber attack on March 1, is continuing with the restoration of the operation of some specific IT systems. [..]

Estonia

Alar Karis: Being able to find optimism top issue for Estonia’s economy today

February 26, 2024

President Alar Karis said in his Independence Day speech on Saturday that lately, negative news about Estonia’s economy stands out the most, yet he is convinced that finding necessary optimism [..]

Europe

Eurostat: Business bankruptcies down, registrations up in Q3 2023

November 17, 2023

In the third quarter of 2023, the number of bankruptcy declarations of EU businesses decreased by 5.8% compared with the previous quarter. Overall, the number of bankruptcy declarations in 2023 [..]

Estonia

Parlt discusses ways for bringing Estonian economy out of crisis

October 26, 2023

The Riigikogu discussed on Thursday reviving the economy from the present crisis as a matter of great national importance, initiated by the opposition Estonian Conservative People’s Party (EKRE) group. Jaano [..]

Opinions

Governor of Eesti Pank: the economy is going to recover slowly

September 28, 2023

Governor Madis Müller says a quick recovery in Estonian economy is not to be expected, as purchasing power is improving at a slow pace in both domestic and foreign markets. [..]