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EU Council approves Estonia s EUR 953 mln updated recovery plan

TALLINN – On Friday, the Council of the European Union endorsed Estonia's updated recovery plan of 953 million euros, which will .

Opposition MP: Infrastructure investment should be boosted as economy cools

The state should invest more in infrastructure and the hospital network, and boost the revenue of local governments, precisely because the economy is cooling, one opposition MP says, in the context of the €775-million entry for national investments inserted in the 2023 state budget bill.

Tallinn to scale back investment plans, key projects still make the cut

In light of high inflation and rising costs, the City of Tallinn has drawn up a conservative state budget strategy for the next four years. Nonetheless, Estonia's capital city will be moving forward with several key investments, including construction of the planned major Tallinn Hospital and the renovation of the Soviet-era Linnahall complex.

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