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Minister of Foreign Trade and IT Andres Sutt (Reform) on ETV's "Esimene stuudio". Source: ERR
Minister of Foreign Trade and IT Andres Sutt (Reform) told ETV's political discussion show "Esimene stuudio" that Estonian labor laws need to be looked over and refreshed.
Sutt reached this conclusion after a discussion about Swedbank taking its Baltic subsidiary management to Riga, Latvia. Riga's advantages over Tallinn and Vilnius are related to staff recruitment and tax systems, a Swedbank Estonia spokesperson told ERR on February 1.
Sutt noted that Latvia's labor laws are better than Estonia's: "I look at it as a signal that we need to look at what we could make better in our business climate, in order for future selections to be in favor of Estonia.