EIB supports Estonia in creating a new business model for rental housing market

This article is published in association with European Investment Bank.This article is published in association with European Investment Bank. The Ministry of Climate of Estonia and the European Investment Bank (EIB) have launched a cooperation to increase the availability of affordable and high-quality housing in Estonia. The aim is to develop a financing solution that helps mitigate the risks faced by private-sector developers outside major […]

Commission endorses positive preliminary assessment of Estonia’s third payment request for €122.3 million under the Recovery and Resilience Facility

This article is published in association with European Investment Bank.This article is brought to you in association with the European Commission. The European Commission has today endorsed a positive assessment of Estonia’s payment request for €122.3 million in grants under the Recovery and Resilience Facility (RRF). Following its assessment of the payment request submitted on 9 December 2024, the Commission has preliminarily concluded that Estonia has […]

EBRD increases stake in Estonian renewable-energy producer Sunly

This article is brought to you in association with EBRD. The European Bank for Reconstruction and Development (EBRD) has increased its equity stake in Sunly, a renewable-energy developer and Independent Power Producer of power, with a €36 million investment. The EBRD became a minority shareholder in Sunly in 2023, having invested €30 million alongside the French […]

Commission proposes €120 million support to farmers affected by adverse weather events in Bulgaria, Germany, Estonia, Italy and Romania

This article is published in association with European Investment Bank.This article is brought to you in association with the European Commission. Today, the Commission proposed to allocate €119,7 million from the agricultural reserve to directly support farmers from Bulgaria, Germany, Estonia, Italy and Romania who have been impacted by exceptional adverse climatic events in Spring and early Summer. The Commission proposed to allocate €10,9 million […]

Recovery and Resilience Facility: Estonia submits official recovery and resilience plan

This article is brought to you in association with the European Commission. The Commission has today received an official recovery and resilience plan from Estonia. This plan sets out the reforms and public investment projects that Estonia plans to implement with the support of the Recovery and Resilience Facility (RRF). The RRF is the key instrument […]

Coronavirus: Commission proposes €4.5 million to support over 5,000 dismissed tourism workers or self-employed in Estonia

This article is brought to you in association with the European Commission. Today the European Commission proposes to support over 5,000 tourism workers and self-employed in Estonia who lost their jobs or whose activities have ceased as a consequence of the COVID-19 pandemic. The proposed €4.5 million from the European Globalisation Adjustment Fund (EGF) will help […]

Estonia: use robust growth to improve income equality and well-being

This article is brought to you in association with OECD. Estonia’s economy is performing well, and public finances are in excellent shape, yet growth is softening and spending pressures from infrastructure needs and an ageing population are mounting. Efforts should now focus on improving income equality and well-being, greening growth and accelerating the country’s digital transformation, […]

Estonian Prime Minister Ratas: Europe is a thought that must become a feeling

This article is brought to you in association with the European Parliament. Outlining his vision for the future of Europe, Prime Minister Jüri Ratas called for unity, but not uniformity, stressing that Europe faces challenges which need common solutions. “By sharing our sovereignty and pooling our strength, we have been able to make a difference in […]

Mainland Europe adopts Germanic cartel business patterns

As in VW’s diesel engines emissions scandal, in the case of Estonia’s half banking system working as mafia’s financiers, it was the Americans to unveil the wrongdoings. Is it by chance or the Europeans are looking the other way, when it comes to their own dirty laundry? Those calculated frame ups are not only meant […]

Minority governments ‘à la mode’ in Europe but can they last long?

With the Italian elections set for 4 March and anticipated to produce a hang parliament, four out of the five bigger European countries will be in political limbo for a good part, if not for the entire new year 2018. France is the only exception in this Euro-plague of political uncertainty. In some cases the […]

Brexit: PM May must hush Boris Johnson to unlock the negotiations

Last Thursday night in Tallinn, the Estonian capital, the French President Emmanuel Macron, backed by the German Chancellor Angela Merkel, told the British Prime Minister Theresa May, there will be no change in the agenda of the Brexit talks; first the terms of the divorce will be agreed and then the future trade relations between […]

Digital business is Europe’s best hope to get back to growth

Digital market has received a lot of interest lately in Europe. Not only by the market players that have always lobbied more favourable or less regulation in general, but most importantly by the EU leadership. New Commissioner, new priorities Jean Claude Juncker, new President of the European Commission, seems to have ‘bet all his money’ […]
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