A meeting of Cabinet Ministers was called on 6th December 2010 to agree a draft state budget for 2011. This paper currently calculates combined budget revenue for 2011 at 5.1 billion lats (7.2 billion euros) and expenditure of 5.7 billion lats. Also tackled at the meeting was fiscal policy framework for 2011 through to...
Estonia-Ukraine Business Seminar brings encouragement to the Baltic’s. Following the Estonian Foreign Minister Urmas Paet attendance at the Estonia-Ukraine Business Seminar on the 7th December 2010 the Minister indicated how well investments have increased in Estonia especially from the Ukraine. The Estonian Business Association based in Ukraine has helped well gathering companies interested in Estonian-Ukraine. The...
During a speech given at an Estonian-Austrian economic forum held at the Austrian Chamber of Commerce last week, Estonia’s President, Toomas Hendrik Ilves assured that Estonia is a good place to start a business due to current streamlinig of service systems. Estonian-Austrian Economic Forum: Estonia 15 Minute Trading Business. Presently most Estonian services including banking...
Another business moment for Estonia. Estonia’s Prime Minister, Andrus Ansip attended the EU-LAC summit in Madrid on May 18th. Assuming approval from the European Central Bank Estonia is on track to join the Euro in 2011. Despite Estonia’s lack of financial clout compared other Euro members such as Germany, during today’s economic instability Estonia is...
Estonia will be invited to join the Organisation for Economic Co-operation and Development (OECD) on 27 May 2010. OECD unites governments of countries from around the world that are committed to the market economy and democracy with currently at over 30 countries participating. This would help in areas for example development, finance, growth and where also governments can seek advice on particular...
