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07.07.2020|Ministry of Economic Affairs and Communications

Estonia's economic situation will improve somewhat in six months

The June assessments of economic analysts at the Estonian Institute of Economic Research (EKI) show that the general situation of the Estonian economy is currently poor. The impact of the COVID-19 pandemic on human health is declining somewhat, but the impact on the economy is likely to intensify...
30.06.2020|Ministry of Economic Affairs and Communications

The restriction on opening airlines from Estonia will be extended until July 14

The government decided to extend the restriction on opening airlines from Estonia to countries with a high-risk number of daily new cases of coronavirus until 14 July. "The coronavirus has not disappeared and the situation in other countries still needs to be monitored. There are places in Europe...
29.06.2020|Ministry of Economic Affairs and Communications

Estonia signs EU islands' clean energy memorandum

Estonia joined 13 more European Union member states and the European Commission in signing a memorandum of understanding on the EU's clean energy for islands initiative. Minister of Economic Affairs and Infrastructure Taavi Aas, who signed the memorandum on Estonia's behalf, said that both...
25.06.2020|Ministry of Economic Affairs and Communications

Minister Siem endorses new composition of Eesti Post supervisory board

Minister of Foreign Trade and IT Raul Siem on Friday endorsed a proposal of the nominations committee to appoint the new supervisory board of the state-owned postal service and logistics company AS Eesti Post. Sten Soosaar, Regina Raukas, Mari Avarmaa, Madis Laansalu, Raivo Uukkivi and Kalle Viks...
Photo: CERN
19.06.2020|Ministry of Economic Affairs and Communications

Estonia to become associate member of CERN

Estonia is officially to become an associate member of the European Organization for Nuclear Research (CERN), a European research organization based in Geneva, Switzerland, which operates the largest particle physics laboratory in the world. Prime Minister Jüri Ratas signed the agreement on Friday...
Minister Raul Siem.
19.06.2020|Ministry of Economic Affairs and Communications

The government is easing the conditions on KredEx crisis measures for entrepreneurs

Press release of the Estonian Government The government has decided to support the proposals submitted by the Ministry of Economic Affairs and Communications and SA KredEx to alleviate the conditions of crisis measures so that crisis aid reaches entrepreneurs faster and on a larger scale....
17.05.2020|Ministry of Economic Affairs and Communications

The Ministry decided on the countries to where airlines may not be opened from Monday

Today, Minister of Economic Affairs and Infrastructure Taavi Aas signed an order not to fly from Estonia to countries with a high risk of being infected with COVID-19, listing out the United Kingdom, Sweden, Belgium, Denmark, Turkey, Belarus and Russia and prohibiting flights with them from...
14.05.2020|Ministry of Economic Affairs and Communications

Enterprise Estonia to offer supplementary support to tourism sector

Minister of Foreign Trade and IT Raul Siem has signed an order giving the Ministry of Economic Affairs and Communications the ability to grant supplementary support via Enterprise Estonia to tourism enterprises struggling as a result of the COVID-19 pandemic. Enterprise Estonia's conditions for...
28.04.2020|Ministry of Economic Affairs and Communications

Government approves €35 million aid package for entrepreneurs

The government on Monday approved a €25 million aid package for the tourism sector and the allocation of €10 million to support micro and small enterprises. The crisis measure package totaling €35 million was developed by the Ministry of Economic Affairs and Communications and Enterprise Estonia (...
Photo: Tallinn Airport
24.04.2020|Ministry of Economic Affairs and Communications

Estonia will direct 43 million euros into national airlines, railways and shipping companies

At a cabinet meeting, the government decided to increase the share capital of Nordica by 30 million euros, Eesti Raudtee by 10 million euros and Saarte Liinid by 3 million euros to ensure the success of the companies in the future. According to the Minister of Economic Affairs and Infrastructure...

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