Results for "Bank of Estonia"

According to a Bank of Estonia economist, Russia's initial wartime economic surge, fueled by defense production and state spending, is now showing clear signs of exhaustion.

A Bank of Estonia economist states that the country's increasing debt burden is a result of decisions made by every major ruling party over the years, not solely the current coalition.

A special €2 coin dedicated to the beloved Estonian children's character Sipsik was released, drawing long lines of collectors at the Bank of Estonia.

The Bank of Estonia will issue a special 2-euro coin on June 5, dedicated to Sipsik, a beloved Estonian children's literary character.

The Bank of Estonia recommends that people keep a supply of cash at home while also preparing for the future introduction of the digital euro.

Large crowds gathered at the Bank of Estonia museum in Tallinn, queuing to purchase the newly released Sipsik-themed €2 commemorative coins.

The board of Estonia's Reform Party has endorsed a proposal from the Bank of Estonia to implement a responsible fiscal policy, aiming to reduce the budget deficit by 0.5 percent annually and cap the national debt burden at 30 percent.

A joint study by the Bank of Estonia and Statistics Estonia reveals that wealth inequality in Estonia, as measured by the Gini coefficient, has remained relatively stable over the years and is similar to the average in eurozone countries.

An economist from the Bank of Estonia states that Russia's economy is being severely hampered by a labor shortage, primarily driven by military mobilization and emigration, despite high oil revenues.

The Bank of Estonia has lowered its 2026 growth forecast from 3.6 percent to 2.8 percent, citing the ongoing war in Iran as a key factor for a slower-than-anticipated economic recovery.

A Bank of Estonia expert indicates that Russia's economy is nearing stagnation, pressured by Ukrainian airstrikes, Western sanctions, and war losses, with declining business confidence as a key indicator.

Estonian Prime Minister Kristen Michal has suggested that political parties should agree to reduce the national deficit by half a percentage point annually and enshrine this target in law, following a proposal from the Bank of Estonia.

The Bank of Estonia recommends that households keep a week's supply of cash at home to prepare for potential disruptions in payment services, transaction system failures, or other emergencies.

Bank of Estonia economist Kaspar Oja expressed doubts about the timing of the decision to cancel excise duty hikes, despite soaring energy prices, noting that Estonia has experienced higher prices previously.