Bank of Estonia

Explaining wage stickiness

Bank of Estonia research suggests workforce composition, factors in individual countries and a positive relationship with competition all explain the downward rigidity of earnings

Estonia to be among first to recover: deputy

The risks to the Estonian economy have receded substantially and it may be one of the first country's to recover from the financial crisis, a deputy governor at the country's central bank has said.

No uniform path to euro

There is no one-size-fits-all euro adoption policy available for the eight new EU countries from Central and Eastern Europe, finds a new paper from the Bank of Estonia.

Bank of Estonia - Annual Report 2007

In 2007, Estonia started, after several years of exceptionally strong growth, moving towards a more stable and sustainable level of expansion, said Andres Lipstok, the governor of the Bank of Estonia, the latest Annual Report.

Estonia circulates improved notes

The Bank of Estonia on Thursday released into circulation new EEK25 ($2.52) and EEK500 ($50.30) notes with enhanced security features.

Estonia delays euro entry

The Bank of Estonia has said that Estonia would not meet EU criteria for eurozone accession in the years 2008-2009 and thus would not be able to adopt the common currency in 2010.

The Three Baltic states

President Kraft of the Bank of Estonia, Governor Rimsevics of the Bank of Latvia and Governor Sarkinas of the Bank of Lithuania, outline their countries preparations for joining the euro.

Bank of Estonia Council to be appointed in Nov.

Bank of Estonia chairman Mart Sorg has said it will take a month for the Council's candidates to be cleared by security, according to the Baltic News Service. The candidates include politicians from both the ruling coalition and opposition, Sorg said.

New Bank of Estonia council decided says chairman

The Bank of Estonia's council will finish its term of office on 16 October. Central bank chairman Mart Sorg said on Wednesday 1 October that he has a list of names of people who will serve on the new council. "Under law, the old council will carry on…

Bank of Estonia's Ross to take up IMF role

The head of the Bank of Estonia's division for international and public relations Tanel Ross is to become adviser to the director of the Nordic-Baltic Constituency of the International Monetary Fund (IMF) in August.

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