Eesti Pank

EESTI PANK NEWSROOM (8 press releases)

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Eesti Pank announced the recipients of its 2013 research awards

PRESS RELEASE -- 6, November 2013

The 2013 Eesti Pank doctoral studies research award of 2300 euros went to Anne Lauringson for her work on how unemployment benefits affected labour market outcomes in Estonia in the economic crisis. The master’s studies research award of 1300 euros … Read the full press release

Eesti Pank: Estonia issued cards involved in fradulent transactions were 0.002% of all EU card transactions

PRESS RELEASE -- 25, July 2013

25-7-2013 — /EuropaWire/ — The report published last week by the European Central Bank on card fraud showed that card payments have become more secure due to technological advances and that the share of card transactions that are fraudulent has fallen … Read the full press release

Eesti Pank: The employment rate last year was similar to the level of 2006

PRESS RELEASE -- 15, February 2013

15-2-2013 — /europawire.eu/ — Data from Statistics Estonia show that the number of employed rose in the last quarter of 2012 by 1.7%, though in seasonally adjusted terms, the employment rate was below the rate for the third quarter. Almost all … Read the full press release

Eesti Pank: Corporate borrowing ability has increased

PRESS RELEASE -- 15, February 2013

15-2-2013 — /europawire.eu/ — Increased sales turnover and investments of companies have increased their need for financing. The growth in profits has helped companies to fund their investments partly from internal sources, while reinvested profit has boosted companies’ equity. Due to greater … Read the full press release

Eesti Pank: Domestic demand alone will not be sufficient to drive economic growth

PRESS RELEASE -- 15, February 2013

15-2-2013 — /europawire.eu/ — The preliminary estimate of Statistics Estonia shows that the Estonian economy grew by 3.7% year-on-year in the fourth quarter of 2012, and 0.9% quarter-on-quarter. In 2012 as a whole, the economy grew by 3.2%, which is faster … Read the full press release

Eesti Pank: The share of electricity in production costs should not give rise to broad-based price growth

PRESS RELEASE -- 14, February 2013

14-2-2013 — /europawire.eu/ — As had been expected the consumer price index underwent a one-off jump in January. The price level increased by 0.7% from the previous month and price growth was 3.4% in annual terms. The price of electricity was … Read the full press release

Around 15 million euros have been saved on transaction costs in Estonia since the introduction of the euro

PRESS RELEASE -- 14, February 2013

14-2-2013 — /europawire.eu/ — From February 2014 all bank accounts will become international. This means they will be changed into IBAN (International Bank Account Number) form. In the second half of this year, all domestic direct debits will be replaced by an … Read the full press release

Ardo Hansson: The Estonian economy has performed well given the European sovereign debt crisis

PRESS RELEASE -- 13, February 2013

13-2-2013 — /europawire.eu/ — In a speech on Friday evening in Põlva to the Estonian Economic Association, Governor of Eesti Pank Ardo Hansson said that the Estonian economy has performed well given the sovereign debt crisis in the euro area, and … Read the full press release