EU Funding Brightens Estonia's Outlook, Says PM ({{commentsTotal}})


The EU's new seven-year budget will have a positive effect on Estonia's stumbling economy, as initial negotiations on funding levels were successful, said Prime Minister Andrus Ansip in Parliament today.

“We have 5.89 billion euros at our disposal during the next seven years,” Ansip said, adding that support for the Rail Baltic project will probably be added to that figure.

Ansip said that Estonia, with EU funding, is at the forefront of countries with respect to its level of state investments as a percentage of GDP. He added that even without EU funds, Estonia would be an example to many.

“Other nations have had the opportunity to make quality investments consistently during the last century, or even longer, but Estonia has invested seriously only in the past 20 years and our need for larger investments is greater than in Western Europe,” Ansip said.

+{{cc.replyToName}} {{cc.body}}
No comments yet.
Logged in as {{user.alias}}. Log out
Login failed

Register user/reset password

Name needs to be fewer than 32 characters long
Comment needs to be fewer than 600 characters long

Independence Day: Estonia’s way into the future isn’t a race

There is a lack of connection between the Estonian state, and the people who live here. While it expects a lot of the state, Estonian society doesn’t seem ready to contribute, writes Viktor Trasberg.

Lotman: Security academy would be crucial Estonian identity point in Narva

In an opinion piece published by Eesti Päevaleht, Tallinn University professor Mihhail Lotman found it important to overcome the mental barrier separating Ida-Viru County from the rest of Estonia.