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The State Forest Management Center (RMK) and the Forest and Wood Industry Association have said a last-minute decision by former Minister of the Environment Tõnis Mölder (Center) to reduce felling volumes deprived Estonia of some €230 million. ....
Minister of Finance Keit Pentus-Rosimannus said that confirmation from the Competition Authority means it is virtually certain Estonia will pay part of the electricity transmission fee for all consumers and offer less fortunate households additional benefits in the total volume of €100 million to offset record electricity prices. ....
Governor of the Bank of Estonia Madis Müller said on the Otse uudistemajast webcast that this year s economic growth could miss forecasts because of vaccination efforts progressing slowly. The new government aims to go over planned Recover Europe investments. Müller said that while borrowing was sensible in the crisis, a long-term plan for covering expenses is needed now. It seemed sensible to us in the central bank to liven up the economy with various measures during the crisis, Müller said in terms of the previous government s fiscal decisions. Müller is not critical of the previous government s fiscal policy, while he admitted that some differences of opinion concerned the long view and that crisis measures need to be temporary and solutions found to cut costs. ....