Household savings up 7.6% in a year ({{commentsTotal}})

Estonian households had saving amounting to 5.6 billion euros at the end of August, up 7.6 percent compared to 12 months ago.

Business cash reserves jumped even more, increasing 9.6 percent to 4.7 billion euros, Bank of Estonia said.

The combined loan portfolio of households and businesses was 15.8 billion euros, up 3.5 percent since the same period a year ago. Total sum of mortgages increased 3.9 percent in a year.

Editor: J.M. Laats



Siim Kallas.

Interview: Siim Kallas on ambitions, Estonian politics, and EU presidency

Following the local elections in October this year, Reform Party founder, former prime minister, EU commissioner, and presidential candidate Siim Kallas took on the job of municipal mayor of Viimsi, a community on the outskirts of Tallinn. In his interview with ERR's Toomas Sildam, Kallas talks about local government, his party, the EU presidency, and perspectives in Estonian politics.

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