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14.09.2017|Ministry of Finance

Ministry of Finance forecasts Estonian economic growth of 4.3 per cent for 2017

According to the summer forecast of the Ministry of Finance, the Estonian economy will grow by 4.3 per cent this year and by 3.3 per cent in 2018. “The economy of Estonia and the rest of Europe is returning to normal conditions,” Minister of Finance Toomas Tõniste said. “The government will...
12.09.2017|Ministry of Finance

Council presents its position on the EU draft budget to the European Parliament

The Estonian Deputy Finance Minister, Chief Negotiator for the 2018 EU budget Märt Kivine will present the position of the Council of the European Union on the draft budget at the plenary session of the European Parliament on Tuesday. “The Council is bringing forward a draft budget that proposes...
07.09.2017|Ministry of Finance

Tax experts to discuss taxation of digital economy in Tallinn

A conference will be held in Tallinn on Thursday within the framework of the Estonian Presidency of the European Union where tax experts, politicians, and scientists will discuss the present conditions in the European tax law while focusing on issues related to taxation of digital and sharing...
30.08.2017|Ministry of Finance

Estonia and Japan sign a convention for the elimination of double taxation

On Wednesday, Finance Minister Toomas Tõniste and Ambassador of Japan to the Republic of Estonia Yoko Yanagisawa signed the Convention for the elimination of double taxation with respect to taxes on income and the prevention of tax evasion and avoidance in Tallinn. “Japan, as one of the biggest...
13.07.2017|Ministry of Finance

Estonia to lead the EU budget negotiations for 2018 between the Council of the EU and the European Parliament

“The successful approval of the revenue and expenditure of the EU budget for 2018 is one of the priority tasks during the Estonian Presidency of the Council of the EU,” Märt Kivine said. “The Council’s position provides a solid foundation, based on which to agree on such EU budget for 2018 that...
12.07.2017|Ministry of Finance

Aab: Cohesion policy produces the most tangible results for EU citizens

"Estonia considers cohesion policy as important, as it would help less developed regions and Member States to invest in areas that help them to catch up and build a good living environment – it produces the most tangible results for people," said Jaak Aab, the Minister of Public Administration. "As...
06.07.2017|Ministry of Finance

The last loose ends of the administrative reform were tied

At the meeting held today, the Government decided that the last four merger proposals that have remained open would not be completed as they were. According to the decision, the merger initiated by the Government does not concern Keila Town and an exception is made to three local governments with...
29.06.2017|Ministry of Finance

Tõniste: It is important to strengthen the financial sector during the presidency

 “One of our primary goals is to advance various initiatives that facilitate the strengthening of the Banking Union and Capital Markets. It is important to find the right balance between further risk reduction and further risk sharing,” noted Minister of Finance Toomas Tõniste. He also...
27.06.2017|Ministry of Finance

Aab: The services provided by county governments must be accessible next year as well

Minister of Public Administration Jaak Aab met with the leaders of county local government associations earlier today to discuss the reorganisation of the functions of local government associations and county functions in relation to the abolition of county governments. The minister said that the...
20.06.2017|Ministry of Finance

Tõniste: Estonia will focus on the financial sector and tax issues in the area of finance during the presidency

“Next month, Estonia will be leading discussions of finance in the EU,” said Minister of Finance Toomas Tõniste. “Moving forward with the banking and capital markets union is one of our priorities. Taxation, especially the issues concerning e-commerce and VAT, and naturally the agreement on the...

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