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BONJOUR L'ESTONIE (Free subscription) | 10/22/2008
Marge Tubalkain-Trell Collapse of EU is possible, said British historian Norman Davies in public dialogue with Estonian President Toomas Hendrik Ilves, mediates ERR News. “We don’t know where EU is going. It’s possible, like all experiments, all attempts to create something new, it could collapse,” said Davies. “There’s no guarantee Europe will last for a 1000 years or more than any of...
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BONJOUR L'ESTONIE (Free subscription) | 10/29/2008
Marge Tubalkain-Trell Since the market value of SEB Liquidity Fund’s shares, which are part of Tallinn’s investment portfolio have fallen by 13%, the city may change her bank, Katrin Kendra, Tallinn’s financial director told Äripäev. “Today there is no exact information on which assets and in which amount they were revaluated, I cannot say whether Tallinn is preserving shares in Liquidity...
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BONJOUR L'ESTONIE (Free subscription) | 10/27/2008
Marge Tubalkain-Trell Estonian consumer protection demands banks to stop taking hidden additional interests from housing loan clients, Eesti Ekspress writes. Most consumers haven’t heard how banks earn extra profits on them. Most of the housing loans in Estonia are given in euros. That is on the paper only. Actually people will get and return the loan money in euros. Only few borrowers...
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BONJOUR L'ESTONIE (Free subscription) | 10/14/2008
Marge Tubalkain-Trell Downturn of Estonian economy and higher rate of unemployment has made Finns worry about Estonians coming to work there more massively, delfi.ee mediates Helsingin Sanomat. Due to Estonians’ larger wish to go working in Finland, there is a scare of increased offers of illegal work. Eve Kyntäjä, manager of Finnish labour point in Tallinn is convinced that illegal labour...
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BONJOUR L'ESTONIE (Free subscription) | 10/12/2008
Marge Tubalkain-Trell Estonians aren’t that fine and brisk as one thinks and working quality is low, said Arho Anttila at Pärnu management conference. “Estonian people are very good and normal, not lazy like Sami Lotila wrote. But they have a problem. Since they’ve lived in a closed system for so long, they don’t know what’s actual international level. They think they’re very fine and...
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BONJOUR L'ESTONIE (Free subscription) | 10/12/2008
Marge Tubalkain-Trell Estonia fell five places from 27th to 32th in global competitiveness ranking compiled by World Economic Forum, but has still the best place compared to our neighbours Latvia, Lithuania and Russia, mediates postimees.ee. Estonian economy is most competitive among those 12 countries which joined EU in 2004. Economic Forum estimates that efficient governmental institutions...
