Coalition Settles on 2015 Budget ({{commentsTotal}})

News
News

The Reform Party-Social Democrat coaltion in the Estonian Parliament has reached an agreement over the size of next year's state budget, which is predicted to increase by 0.5 billion euros to 8.5 billion.

Prime Minister Taavi Rõivas called the budget a conservative one that should boost economic growth.

Defense, border security, speeding up court procedures, and ambulance service reform were the priorities in the negotiations. Defense got budgetary expenditures above and beyond 2 percent of GDP, which is the standard set by the country's NATO membership, although Estonia is one of only four countries in the organization which reaches that threshold..

The additional funds for defense were allocated for hosting allied troops in the near term. Currently there are members of the US 173rd airborne in the country, engaged in training exercises with Estonian defense units. Members of the US 1st Brigade, 1st Cavalry Division, will rotate to the Baltic states and Poland in October, as part of the training exercise, "Operation Atlantic Resolve."

The income tax will decrease by 1 percentage point to 20 percent under the plan, as will unemployment tax, while the child allowance will increase. A first or second child will qualify parents for 45 euros a month, while a third child would qualify a family for 100 euros.

The budget will be presented to the full parliament in two weeks.



{{c.alias}}
{{c.createdMoment}}
{{c.body}}
{{cc.alias}}
{{cc.createdMoment}}
+{{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
{{comment.captcha.word.answer}}

news.err.ee

Opinion
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.

About us

Staff & contacts | Comments rules

Would you like to contribute an article, a feature, or an opinion piece?

Let us know: news@err.ee