The Guardian newspaper reported this week that Estonia's exposure to Greece's potential debt is 800 million euros, or 4 percent of GDP,.
After a strong year 2014, the tourism sector is now facing its worst-ever season because the number of incoming tourists is decreasing, tourists are staying and spending less and the government has approved a raise in VAT on accommodation services, writes Äripäev.COMMENTS (3)
Estonian President Toomas Hendrik Ilves was critical in his speech held on Victory Day on how Estonians are handling the prospect of having to absorb refugees.COMMENTS (14)
About five hundred people are supporting on Facebook an initiative by Estonian bikers who wish to drive to the Vao village as a sign of support to locals who are opposing expansion of the accommodation centre of asylum seekers, reported Eesti Päevaleht.COMMENTS (12)
The new report by State Audit Office shows that Estonia badly needs immigrant workforce, Äripäev writes in its editorial.COMMENTS (13)
The three Baltic states should have a joint airline and since Latvia’s Airbaltic has been more successful, Estonia and Lithuanian should acquire a stake in Airbaltic, Latvian Transport Minister Anrijs Matiss said at a meeting with journalists on Wednesday.
Marek Helm, head of the Estonian tax authority, is questioning claims that hundreds of Estonian businesses have been set up in Latvia because Latvia offers them better tax benefits than Estonia, reported Delfi today.
Eesti Päevaleht writes that alarm bells should be ringing in the Estonian government because over the last year, at least five hundred Estonian entrepeneurs have set up a business in Latvia.COMMENTS (4)
Tallinn Airport will instal five so-called sleeping pods for passengers who wish to rest before their flights.
Estonian business leaders are extremely critical of the way how the ruling coalition is forcing through draft tax amendments and say that there is little they can do, writes Äripäev.
Estonians have become one of the biggest population groups in Finland who is buing real estate, writes Äripäev.COMMENTS (1)
Äripäev writes in its editorial that these are changing times in Estonian politics.
The average monthly gross wages are slowing down.COMMENTS (1)
Lithuanian airline Air Lituanica announced that it has ceased flight operations from mid-day Friday, May 22.COMMENTS (1)
According to Statistics Estonia, 4,637 persons emigrated from Estonia which is 30% less than in previous three years.
Jüri Raidla says that instead of public criticism, Estonian government needs positive support.
Ambassador Jaak Jõerüüt writes that when discussing the need to accept hundreds of refugees, Estonians forget that refugees can teach us a lesson or two.COMMENTS (2)
Now that there are fewer Finnish and Russian tourists, Estonia wants to target Swedish tourists.
Estonian private airline Avies that belongs to businessmen Priit Piilmann and Allan Soll may soon go bankrupt, writes Äripäev.COMMENTS (1)
The public approval rating of the Estonian PM Taavi Rõivas is 2+ on a scale of 1 to 5 where 1 is very poor and 5 is very good, shows a poll by Eesti Päevaleht.COMMENTS (1)
International taxi booking company Uber officially expanded to Tallinn last week by launching its UberPOP app and competitors are already claiming that the company’s services are illegal, writes Äripäev.COMMENTS (7)
Karli Lambot, chairman of the supervisory board of Ace Logistics Group, writes in Äripäev that the Estonian tax policy is like a fairy-tale that offers nothing but wishful thinking and creates dreams.COMMENTS (1)
Brian Souter, a Scottish billionaire whose bus companies operate in both Finland and Poland is preparing to expand his bus operations also into Estonia, writes Äripäev.COMMENTS (2)
At the time when the government is looking for revenue sources to cover 1 percent cut in social tax rate, the Estonian Unemployment Insurance Fund or Töötukassa has 610 million euros that are sitting idle, writes Äripäev in its top story.
Thanks to well-planned and targeted tax policy, Latvia has become the hotbed for growth companies, admits head of Estonian Tax Board Marek Helm.
UPDATE: adds comments from owner of Tavid and CEO of Tavex