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Search resuls for: "Estonia's"


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☆ Ukraine is rebuilding its shattered cities even as Russia keeps attacking. Now kindergartens come with bomb shelters.
  + stars: | 2022-12-24 | by ( Sinéad Baker | ) www.businessinsider.com   time to read: +5 min
But Ukraine and its backers say work to repair and rebuild should not wait until the war is over. Estonia, Ukraine's neighbor and one of its biggest allies during the war, is helping with multiple rebuilding projects, including the bomb-sheltered kindergarten. Oleksandra Azarkhina, Ukraine's deputy infrastructure minister, told Insider that Ukraine wants to rebuild facilities like kindergartens so that people can still have normal lives, despite the war. One Zhytomyr resident, Sofiia Zinchuk, told Insider she felt "wonderful" when she heard the kindergarten would be built. It shows that we're not going to comply with destructions and inconveniences," she told Insider.
☆ Companies should compete on merits not subsidies, Estonia's prime minister says
  + stars: | 2022-12-15 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCompanies should compete on merits not subsidies, Estonia's prime minister saysKaja Kallas, Estonian prime minister, discusses the European leaders meeting in Brussels, and how energy ministers are currently navigating conversations surrounding the EU price cap.
☆ Estonia says European nations should double defence expenditure
  + stars: | 2022-11-28 | by ( Tom Balmforth | ) www.reuters.com   time to read: +2 min
KYIV, Nov 28 (Reuters) - European countries should double their defence expenditure because of Russia's war in Ukraine, Estonia's foreign minister said on Monday, adding that his own country planned to raise national defence spending to 3% of GDP. Foreign Minister Urmas Reinsalu made his comments in an interview with Reuters during a trip to Kyiv with six other foreign ministers. "We would like to see European countries doubling their defence expenditure in the time of the Ukrainian war and after the war, and we are going to spend 3% of our GDP on national defence," he said. Many NATO allies have already increased their military spending since Russia's invasion of Ukraine in February. Reinsalu said the 27-nation European Union, which includes Estonia, should also increase the level of funding it earmarks in military support for Ukraine.
☆ The Pentagon says the US would 'defend every inch of NATO territory' after reports that Russian missiles killed 2 people in Poland
  + stars: | 2022-11-15 | by ( Jake Epstein | ) www.businessinsider.com   time to read: +2 min
A top US defense official repeated that the US would "defend every inch of NATO territory" after reports surfaced that Russian missiles killed two people in Poland on Tuesday. "When it comes to our security commitments and Article 5 we've been crystal clear that we will defend every inch of NATO territory," Pentagon Press Secretary Brig. Gen. Patrick Ryder told reporters during a Tuesday briefing, not long after local sources in Poland reported that Russian missiles landed inside the territory of Poland, a NATO ally. Criminal Russian regime fired missiles which target not only Ukrainian civilians but also landed on NATO territory in Poland. "Estonia is ready to defend every inch of NATO territory.
☆ ECB policymakers stick with hike plans even as recession looms
  + stars: | 2022-10-28 | by ( Balazs Koranyi | ) www.reuters.com   time to read: +5 min
[1/2] Signage is seen outside the European Central Bank (ECB) building, in Frankfurt, Germany, July 21, 2022. But policymakers on Friday appeared to be on message that rates will keep going up. Investors now see ECB rates peaking at around 2.75%, above levels near 2.5% seen on Thursday after the ECB's rate hike and language tweaks. RECESSIONThe policymakers' reinforcement of the rate hike message comes as a recession now looks almost certain, and will likely prompt a barrage of further criticism from European leaders. But ECB chief Christine Lagarde pushed back on the criticism on Thursday, arguing that breaking inflation was the ECB's chief mission and governments could help by providing targeted support for the most vulnerable.
☆ Watch Estonia's foreign minister — whose country just voted to declare Russia a terrorist state— bluntly say he wants to see Putin go 'to hell'
  + stars: | 2022-10-20 | by ( Lloyd Lee | ) www.businessinsider.com   time to read: +2 min
Estonian Foreign Affairs Minister Urmas Reinsalu was asked Tuesday about Vladimir Putin. When political reporter Nina Haase-Trobridge of DW News asked Reinsalu, "Would you like to see Vladimir Putin go to jail," the foreign minister had another place in mind. Reinsalu's forward answer may not come as a surprise given his outspoken support for Ukraine and denunciation of Putin's war. The foreign minister previously defended his country's decision to ban Russian tourists and stop issuing new visas to Russians. At the outset of Russia's invasion, Estonia donated one-third of its military budget to Ukraine, according to the foreign minister.
☆ Estonia turns back to shale oil as it cuts off Russian power
  + stars: | 2022-10-19 | by ( Janis Laizans | ) www.reuters.com   time to read: +2 min
AUVERE, Estonia, Oct 19 (Reuters) - When Baltic states switched off Russian power and halted other imports in response to Moscow's invasion of Ukraine, Estonia restarted its shale oil power plants and set back its efforts to phase out heavily polluting fuels. "This is just to replace the missing power supplies and compensate for high power prices." "This is just to replace the missing power supplies and compensate for high power prices," Stutter said of the shift back to shale oil. About 80% of cost of power from the power plants are environmental taxes. Eesti Energia said it had hired 600 people this year to ramp up shale oil production and to staff the power plants.
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