Government tax policy seems random
The government's hectic tax policy has finally been given a clearer outline: taxes that will enter into force next year have been decided. Experts say, however, that the big picture looks random, which will not make for a good end result.
21.04.2017, Lennart RuudaPM
Budget deficit a possibility again
The cabinet has decided to relax the strict fiscal balance dogma of recent years. President of the Bank of Estonia Ardo Hansson perceives several dangers.
06.04.2017, Lennart RuudaPM
What will the year 2017 bring us? From broken teeth to fishing
What will the year 2017 bring us? Besides increased excises, the coming year will bring Estonia’s residents new subsidies – for example, it is likely that more people will visit dentists in 2017, because a small compensation will be paid to adults as well. Postimees reviews the most significant law amendments.
30.12.2016, Tiina KaukverePM
The state needs warships, helicopters and coastal radar network
Estonia lacks an exhaustive image of what is happening in its territorial waters. Maritime defence is fragmented between three institutions, which can perform only a small amount of approximately fifty tasks, Estonia’s first detailed maritime security report reveals.
27.12.2016, Oliver KundPM
Estonian president signs tax amendments into law
Estonian President Kersti Kaljulaid on Friday promulgated the new governing coalition's package of tax amendments despite interest groups' opposition as well as the 2017 State Budget Act.
European network calling on Estonia to guarantee sufficient funding for women's shelters
The non-profit organization Women Against Violence Europe (WAVE) sent an address to the Estonian authorities to draw attention to the problem of funding women's shelters in Estonia and to call on guaranteeing a necessary budget for their work to be able to continue.
Estonian finmin wants to allow drawing up state budgets with structural deficit
Estonian Finance Minister Sven Sester wants to draw up state budgets in the future in a way that if a small structural deficit should occur, it could be covered with a structural surplus in the following years, and the government is to discuss the proposal at the beginning of next year.
Estonian PM: Govt's 100 days' program sets out 98 tasks
The Estonian government on Thursday endorsed the program for its first 100 days in office, which sets out 98 tasks.
Parlt ends 1st reading of Estonia's 2017 state budget
The Estonian parliament on Wednesday evening completed the first reading of the bill of the state budget for 2017.
Editorial: do kick into gear, Mr Ossinovski
The deficit in Health Insurance Fund is shocking and shows the politicians are in a bigger hurry with systemic changes than we were guessing. Also, the state budget hole is likely to be deeper than envisioned.
Health Insurance Fund in the red by €33m
Convening to review first half year report, Estonia's Health Insurance Fund (HIF) is facing a budget deficit of €33m. They will fill the hole from the approximately €114m reserves of HIF but if the system continues the future is bleak as the fund is predicted to run out of the money in 2020.
19.08.2016, Joosep VärkPM
«State should be stricter with handing out budget money»
Praised by the fresh National Audit Office report for management of Police and Border Guard Board (PPA), its director-general Elmar Vaher (40) says that distribution of money from state budget should be preceded by pointedly asking recipients what they have done to cut costs.
28.04.2016, Risto BerendsonPM
Editorial: the police and budget of an ageing nation
For years, police and border guard have been under severe austerity. At some point homeland security may begin to go downhill, we are warned by Auditor General, police chief and a chancellor at interior ministry in Postimees today. Further belt tightening is out of the question.
Estonian govt reaches agreement on budget strategy
Members of the government have reached a political agreement on Estonia's budget strategy for the next three years, Finance Minister Sven Sester said on Wednesday.
Moment of truth: fat fines coming?
Today, legal affairs committee at Riigikogu will decide whether to send doubling of fine unit bill to be voted at parliament or start over again with the much-criticized initiative.
07.04.2016, Risto BerendsonPM
Fines to double
This coming Wednesday, the Riigikogu is intending to pass a doubling of the fine unit thus creating the potential to punish offences twice as severely. Police promises to go carefully with raising fines.
21.03.2016, Risto BerendsonPM
Estonian govt supports compensating EUR 400 of workers' sporting expenses per year
Estonian government is planning to allow companies to compensate for employees' sporting expenses in the amount of 100 euros per quarter or 400 euros a year without paying fringe benefit tax.
Restoring dental costs compensation considered
The dental treatment compensation, abolished in 2009, may resurface next year in a new form so that health insurance fund pays dentists on basis of price list. The latter prefer compensation paid to patients to maximum fees imposed.
21.01.2016, Heilika LeinusPM
From public purse to family purse
In command of close to half of state budget, social ministry may report that 2016 brings lots of change into lives of families with children and people with handicaps and loss of working ability.
14.12.2015, Anneli AmmasPM
Estonian parlt adopts 2016 state budget
The Estonian parliament on Wednesday adopted the 2016 state budget, the volume of which is projected to total 8.92 billion euros and its receipts 8.84 billion euros.
Every party gets a part
Starting today, Riigikogu discusses the 2016 state budget bill. Among other things, the lucky ones will emerge who are in for a windfall of extra taxpayer money – depending on level of love by parliamentarians. No surprise if the likes of Public Broadcasting (ERR) and Olympic Committee (EOK) get showered.
26.11.2015, Joosep VärkPM
Come January, €805.86 to drop monthly into state paid authors accounts
Culture ministry has proclaimed a pilot project of paying trust-based monthly wages to five writers and five artists.
03.11.2015, Hendrik AllaPM
2016 state budget passes 1st reading in parlt
Estonia's 2016 state budget bill on Wednesday passed the first reading in the Riigikogu and the deadline for making amendment proposals is Nov. 4.
New budget head sees trouble ahead in economy of Estonia
As Estonia's veteran budget watchdog Andrus Säälik assumed post as permanent Estonian adviser at OECD in Paris, his chair in September was filled by Sven Kirsipuu with 18 years at finance ministry under his belt. Tomorrow, state budget undergoes its first reading at Riigikogu. To mark the occasion, we thought we'd ask him how Estonian economy is doing?
19.10.2015, Kadri HansaluPM
Hannes Hanso «embarrassed» that soc dems wanted to cut defence spending
Defence minister Hannes Hanso (44 today, Soc Dems) says the main near term aim is finding a new deputy chancellor for the ministry, and a new chief for Information Board. As for anti-refugee statements by servicemen, he wants to put an end to that.
06.10.2015, Oliver KundPM
Work capacity reforms sets quota for hiring the handicapped
To be launched next year, work capacity reform aims to better involve people with special needs and of reduced work capacity on labour market. The new law prescribes 1,000 people with reduced work capacity to be working in public sector by 2020.
01.10.2015, Marian VõsumetsPM
State budget zeroes in on security and social benefits
At the press conference presenting state budget, coalition partners stressed the extraordinary constructiveness and peace prevailing at talks – the debates must have been exhausted after springtime treaty negotiations and review thereof in summer.
29.09.2015, Kadri HansaluPM
Editorial: what do we christen this Budget?
Each fall, politicians and at times even observers are seeking a name for the state budget to sum up its fundamental features, or flaws. This time, both pros and cons will be hard pressed as substantial surprises are difficult to detect.
Refugees, reforms, pigs, milk ...
Launching the fresh political season today, Riigikogu stands faced with problems at home and abroad. Not limited to the European refugee issues, heads of the factions think it important to progress with administrative/state reform, helping the farmers, and work capacity reform.
14.09.2015, Tuuli KochPM
Ossinovski and his several sorry options
In the Hesitation Coalition handed at least some extra time to rule, the Soc Dems chief Jevgeni Ossinovski has an opportunity to show himself a team player and aim for truce in government and own party.
08.09.2015, Tuuli KochPM
Ministries swell with fresh vigour
Analysis by Chamber of Commerce and Industry says Estonia's public officialdom is resistant to thinning and if the numbers do come down at all, then on account of police patrols and firefighters. Meanwhile, the ministries keep on ballooning.
07.09.2015, Nils NiitraPM
Estonian govt to cover hospital bill of citizen taken ill in Turkey
The Estonian government on Thursday decided to allocate 48,593 euros to cover the extraordinary hospital bill of an Estonian who was taken ill in Turkey and the Social Ministry is also in negotiations with the Vaatsa rural municipality for partial compensation of medical costs.
Ferry queues are here to stay
Up to five hours of waiting to get on ferryboats at Kuivastu and Virtsu ports on popular travel days - the new normal for folks headed to Saaremaa, this summer and in all likelihood also the next.
13.08.2015, Aivar ÕepaPM
Stronger stick, sweeter carrot, and urge to merge
At the moment, Estonia sports 213 local governments. By our 100th Anniversary, they should be three times less. The conditions for survival of some and extinction of others are being feverishly forged.
16.07.2015, Oliver KundPM
Swedes pull €550m from Estonian Swedbank
Yesterday, Swedbank announced it would withdraw €400m as extraordinary dividends from profits accumulated in its Estonian subsidiary, on top of planned dividends of €150m.
09.07.2015, Kadri HansaluPM
Estonia in ditch with official cars
Public sector possesses poor overview of its vehicle fleet; procurements to buy official cars are performed one at a time; the autos are used in a manner ineffective. Yearly, related direct costs could be cut by 28.3 percent i.e. €19.3m – would we be willing to amend the law and seek economies of scale.
09.06.2015, Oliver KundPM
Editorial: no pay, no say
Today’s Postimees provides an overview regarding money coming to political parties during first three months of the year – as membership fees and donations, as well as drawn from state coffers. Glaringly, percentage of membership fees continues as pittance of sum total.
Estonia won't achieve budget surplus before 2018
Revenues of the Estonian state budget will not surpass expenditures until 2018 and the nominal budgetary position is estimated to have a deficit of 0.5 percent of GDP this year, 0.6 percent next year and 0.5 percent in 2017.
Estonia's govt coalition to lower social tax to 32 pct
According to Estonia's new coalition agreement the social tax would be lowered by 1 percentage point as of 2017 which would reduce tax receipts by 80-90 million euros per year.
Will the three wise men finally deliver?
After month-long gruelling efforts, Reform chief Taavi Rõivas said yesterday that they are on finishing line. Was this an April Fools’ Day thing? Rather not, one would guess.
02.04.2015, Tuuli KochPM
Parties promise to voters last year’s snow
This time around, how hard to find an investment promised in election programmes regarding next parliament mandate. The financing of lots of projects – ones they generously vow to support – has already been decided or stated in development programmes. The parties up to now outside of Riigikogu like Free Party and Conservative People’s Party (EKRE) will not promise even that.
30.01.2015, Kadri HansaluPM
Oil paramount for Kremlin
Put together, oil and gas revenues amounted to 50 percent sharp in Russian budget for 2013.
15.10.2014, Jaanus PiirsaluPM
September tax receipts up almost 10 pct on year at EUR 453.5 mln
In September 453.5 million euros of tax money was paid into Estonia's state budget, 9.8 percent more than in the same month last year.
Govt counts money for public pay rise
A testing stone for the coalition, at its initial joint talks about next year budget today, will be allocation of public servant wage rises.
02.09.2014, Tuuli KochPM
The budget brings quite a headache
Money «pre-eaten» by costly coalition promises and nearly nonexistent economic growth.
18.08.2014, Kadri HansaluPM
State legal aid providers encounter emptiness of pockets
Bar Association says it’s running out of this year’s state legal assistance money – by October. Justice minister Andres Anvelt thinks this is because BA does a poor job managing the funds and orders cuts to lawyers’ hourly fees.
12.08.2014, Oliver KundPM
Tax clouds gather over small farmers
Among the herds of tax-changes in pipeline by the new government, they desire to chop income tax off several agricultural refunds paid to self-employed farmers.
20.06.2014, Kadri InselbergPM
Estonia to boost mobility of ground forces
Over the next four years, Estonian state intends to make close to half of its ground forces capable of one-off foreign mission participation, while raising Defence League and its special organisations membership from current 23,000 to 27,000 by adding a thousand a year.
14.04.2014, News.postimees.ee / BNSPM
Negotiators dividing the money
In all likelihood, Reform/Soc Dems coalition treaty gets signatures this Thursday before Board of the Riigikogu elections
17.03.2014, Risto BerendsonPM
Eesti Pank proposed as state budget watchdog
Due to toughening EU fiscal policy, Ministry of Finance has launched a State Budget Act draft amendment appointing Eesti Pank as supervisor of budgetary balance and economic forecasts.
21.08.2013, Kadri InselbergPM
Estonia's audit office criticizes draft state budget law
The draft law on the state budget is not consistent with good law-making practice and rules of legislative drafting, Estonia's National Audit Office said in its opinion on the bill drawn up by the Finance Ministry.
Estonia's March tax receipts up 5 pct on year
Receipts of tax money into the Estonian state budget totaled 337 million euros in March, 5 percent more than in the same month a year ago, the Finance Ministry said on Thursday.
103.4 percent of the planned revenue accrued to the state budget in 2012
Last year 6.4 billion euros of revenue accrued to the state budget received; this is 103.4 percent of the year’s plans. Expenses were made in the amount of 6.47 billion euros i.e. 96 percent of the planned extent. The budgetary position of the public sector fluctuated around the balance point since summer, and in the end of December it was -0.2% of GDP, reported Ministry of Finance.
Estonia's 2012 fiscal receipts surpass target 3.4 pct
Receipts of the Estonian state budget in 2012 totaled 6.4 billion euros or 3.4 percent more than set out in the budget law, while expenditures came to 6.47 billion euros, 96 percent of the budgeted amount.
Estonia's January tax receipts climb 10.7 pct on year
Tax receipts of the Estonian state budget in January totaled 495 million euros, 10.7 percent more than in January 2012, the Ministry of Finance said.