Last week several updates on some important economic indicators were published. Unfortunately the news were mainly negative – industrial production is falling, orders are decreasing and employee’s pay is not growing from the company’s increasing income but from investments. Industry…
Cheaper energy behind deflation • Consumer prices dropped further in August • Cheaper energy behind the decline in prices • Inflation expected at -0.2% in 2015 and +1.9% in 2016 August deflation numbers were in line with our expectations. In…
Why worry about wage growth? Wage growth accelerated again Not sustainable in the longer term Exports have to recover Wage growth accelerated again Gross wage growth has been around or above 5% since 2011. In the first half of 2015,…
The ending week will be remembered by many for the nervous decline of the stock markets. Despite these uncertain times, the global economy is on track for growth. In Estonia, initial data published for the economic performance of businesses in…
Data from Statistics Estonia show that the growth in average gross wages accelerated to 5.8% in the second quarter of 2015, from 4.5% in the first quarter. Tax changes that took effect this year supported the 7.3% rise in the…
On Friday of last week, Statistics Estonia published data on the second quarter employment rate collected during the labour force survey. Messages received from the labour market are somewhat contradictory – employment grew significantly in comparison with the first quarter,…
Rapid inflation, both before and after the economic crisis, made borrowing favourable in each of the Baltic States and reduced the point of depositing money – due to the rapid decrease in the purchasing power of money, real interest rates…
1. juulil 2015 jõustuvad uus ehitusseadus ja uus planeerimisseadus. Vastavalt nendele dokumentidele enam ei ole vaja saada ehitusluba väikeste kinnisvara objektide rekonstrueerimisel või laienemisel – piisab vaid kirjaliku teadaande esitamisest tööde alguse kohta. Kompaniide gruppi ERE Grupp juhatuse esimees Maksim…
„Tallinnas asuva Balti jaama rekonstrueerimise kava mõjutab Põhja-Tallinna linnaosa arengut positiivselt, kuid selle elluviimisel tuleb arvestada teatud ohtusid, mis on seotud maa-aluse parkla rajamisega,“ arvab ERE Grupi juhatuse esimees Maksim Sorokin. Turu rekonstrueerimise plaanide avalik arutelu toimus Põhja-Tallinna Valitsuses möödunud…
According to the Baltic Retirement Readiness Index calculated based on an SEB survey, 90 percent of Estonian, Latvian and Lithuanian employed population hope to have alternatives (i.e. other sources of income) to the state pension. In reality, only a half…
Sel neljapäeval, 28. augustil toimuval järjekordsel arhitektuuri välkloengul otsitakse vastust küsimusele, mis jääb alles siis, kui jätta kõrvale arhitektuurile tavapäraselt omistatud kriteeriumid – probleemide lahendamine, kasutusmugavuse loomine ja piirangutega arvestamine. Kuidas opereerivad ruumiga valdkonnad, kus puuduvad arhitektidele esitatavad lähtepunktid nagu…
According to a survey conducted by SEB, most clients who have taken a home loan are afraid of unemployment (69% of the respondents), an increase in loan interest (50%) or a decline in health (42%). Of the participants, 66% have…
Just 13 per cent of those surveyed (incl. 11 per cent of Estonian-language and 23% of Russian-language respondents) said that the borrower should be free to decide which property to buy and in what condition and that the bank should…
SEB surveyed the motives underlying the decision to buy a new home for customers who took out a home loan in the period after the economic crisis, and their attitudes towards real estate as an investment. It transpired that 35…
Väliskaubandus- ja ettevõtlusminister Anne Sulling kohtus esmaspäeval ja teisipäeval visiidil Ida-Virumaale piirkonna suurettevõtjatega ning tööstusparkide esindajatega. Ühiselt leiti, et tööstuspargid toovad piirkonda vajalikke töökohti ning toetavad ekspordile suunatud ettevõtlust. „Tööstus Narvas ja kogu piirkonnas on suurem, kui paistab Tallinnast. Ida-Viru…
