Posts published in Society

Finnish, Estonian tax administrations start real-time data exchange

Friday, June 18, 2021

Estonia and Finland have started to exchange real-time data, a world-first for the automatic exchange of information between national tax administrations. In the past, information has been exchanged between the Estonian Tax and Customs Board and the Finnish Tax Administration but only through manually processed requests. The new system will enhance tax control, save resources and improve the quality of services offered to customers. Since January 2021, Finland has received…

Another state agency under scrutiny over loan issuing may face merger

Friday, June 18, 2021

Prime Minister Kaja Kallas (Reform) says that options are being investigated for merging a body dealing with issuing rural support funds with two other state agencies. Of the three currently separate organizations, two have faced allegations of irregularities in issuing loans and other support during the coronavirus pandemic. The Rural Development Foundation (MES), which issues guarantees to banks for credit granted to farmers and other entrepreneurs in Estonian rural areas,…

Lithuanian national charged following €600,000 cannabis find

Friday, June 18, 2021

A twenty-year-old Lithuanian national has been remanded in custody to appear via video link at Harristown Court in Castlerea tomorrow (Friday) after he appeared before a special sitting of Roscommon District Court this evening (Thursday). Mantas Dervini of Carton Beg, Frenchpark appeared before Judge James Faughnan on two charges. The accused was represented in court by Ivan Moran, solicitor. The accused is charged with the alleged unlawful possession of cannabis…

Wise to go public on London stock exchange

Thursday, June 17, 2021

Financial technology firm Wise, formerly Transferwise, said on Thursday it expects to go public on the London stock exchange through a direct listing. Wise said it was seeking a direct listing rather than an initial public offering as it doesn’t need to raise any fresh capital. “Wise is used to challenging convention, and this listing is no exception. A direct listing allows us a cheaper and more transparent way to…

Estonian industry has recovered from crisis ‘surprisingly fast’

Thursday, June 17, 2021

Estonian manufacturing companies have left behind the crisis year, can see both turnover and profitability growing this year, and are planning to hire nearly 3,000 people, the results of a survey carried out by Swedbank in spring 2021 show. Of the businesses surveyed by Swedbank in the latest survey of industrial companies, 76 percent expect profitability to increase or remain the same this year, 58 percent expect turnover to grow…

Estonia, Latvia, Lithuania are among sixteen countries using the EU’s COVID travel pass

Thursday, June 17, 2021

Sixteen countries have begun using the EU’s ‘Digital COVID certificate’ (EUDCC) to enable their citizens to easily travel across the bloc. The European Commission says fifteen member states – Austria, Belgium, Bulgaria, Croatia, Czech Republic, Denmark, Estonia, Germany, Greece, Latvia, Lithuania, Luxembourg, Poland, Portugal and Spain – have connected to the gateway and started issuing the first certificates. They are joined by Iceland, which is the first of four European…

Latvia launches COVID-19 cultural project tests

Thursday, June 17, 2021

Latvia will launch six pilot projects, including two film screenings at Forum Cinemas’ Kino Citadele, starting 10 June 2021, in order to develop and check the requirements for the safe reopening of the cultural sector. Each pilot project will have its own guidelines for epidemiologically safe activities, but all the pilot projects share some general precautions, including the checking of the COVID-19 vaccination certificate, personalised tickets, etc, according to local…

Tyler Cavanaugh from Spain to Lithuania

Thursday, June 17, 2021

Tyler Cavanaugh (206 cm, F) finished his season in the Spanish ACB and has signed with BC Zalgiris Kaunas. This season Cavanaugh averaged 7.9 ppg and 4.5 rebounds for Iberostar Tenerife BC Canarias. Cavanaugh will play EuroLeague again next season. He played EuroLeague in 19/20 with Alba Berlin. Cavanaugh has played 50 NBA games for Atlanta and Utah. He is now 27 years old. Tyler Cavanaugh played two years of…

News agency: Finland opening borders to work commuters next week

Wednesday, June 16, 2021

Finland is set to ease entry restrictions from next week, Finnish newswire STT reports. The move, which STT says the Finnish government will rule on on Thursday, will likely, if it goes ahead, allow Estonian citizens and residents who had been unable to commute between the two countries, as they had done in pre-pandemic times, to resume doing so. While Finland opened its borders to arrivals by air, this was…

The Bank of Estonia issued its summer economic forecast

Wednesday, June 16, 2021

The Bank of Estonia (Eesti Pank) has issued its summer economic forecast, saying that economic growth for 2021 could be as high as 8.2 percent in a ‘sharp growth’ scenario, or stand at 5.3 percent in a more conservative estimate, adding that Estonia has demonstrated one of the most rapid bounce-backs from the economic effects of the COVID-19 pandemic of any European country. This would translate to higher growth in…