Estonian and Latvian finance ministers meet ({{commentsTotal}})

Finance Ministers Dana Reizniece-Ozola and Sven Sester.
Finance Ministers Dana Reizniece-Ozola and Sven Sester. Source: (Rahandusministeerium)

In their meeting in Tallinn on Friday, Finance Minister Sven Sester (IRL) and his Latvian counterpart Dana Reizniece-Ozola discussed the economic environment of the two countries, tax and excise policy, European Union structural funds, and Estonia’s preparations for the EU presidency.

Sester offered an overview of the Estonian economy and the country’s state budget for the next year, the Estonian Finance Ministry said on Friday.

According to the ministry’s press release, Sester said that the two countries shared the same values. “The tax environment must be fair. Avoiding the payment of taxes cannot give anyone a competitive advantage, neither within one country nor between countries. We are working towards this and are ready to help each other. I’m prepared to share Estonia’s positive experience in curbing the shadow economy,” Sester was quoted saying.

Also talked about at the meeting was the upcoming Estonian presidency of the EU. Reizniece-Ozola also familiarized with the work of the Estonian Tax and Customs Board.

Dana Reizniece-Ozola became finance minister of Latvia on Feb. 11 this year.

Editor: Editor: Dario Cavegn

Source: BNS