18.12.2014

EIB provides 200 million euros to support strategic investments in Estonia

The European Investment Bank (EIB) is establishing a new EUR 200 million loan facility for Estonia to support investments in research and innovation, sustainable transport infrastructure and the development of SMEs. The EIB loan will help Estonia to successfully absorb EU structural funds over the period 2014 – 2020. 

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Stability Programme 2013

The government’s goal is to proceed with a sustainable fiscal policy. The medium- term budgetary objective of the Government is a general government structural surplus. The structurally adjusted budgetary position will be in a growing surplus from 2013 onwards.

Government´s medium-term tax burden objective is to take it back to the level it was at before the recession by reducing taxes related to workforce. The tax burden will decrease to 31.4% of GDP by 2017. Read more

Summer 2014 Forecast

The gross domestic product of Estonia will increase by 0.5 per cent in 2014 and 2.5 per cent in 2015.

Consumer price inflation will slow down to 0.3 per cent in 2014 and increase to 1.9 per cent in 2015.

Unemployment will continue to fall with the unemployment rate expected to decrease to 7.5 per cent in 2014 abd ti 6.8 per cent in 2015.

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Mistakes or Delays in Payments

If you have made a mistake with the reference number in a bank transfer while paying a levy or fee to the Estonian government, paid the wrong amount or wish to opt out from a service, please contact the institution whom the reference number belongs to.

If you have not received your payment or salary in time, please contact the relevant institution.

More information by phone +372 611 3819 or e-mail abi dot kassa at fin dot ee