The National Audit Office report “Accuracy and legality of transactions in state accounting in 2020” that was published on Tuesday revealed that all summary accounts of costs, expenses, investments and financing transactions in the 2020 state budget that was approved by the Riigikogu are false because the Ministry of FinanceContinue Reading

With the global economic development the Arctic region has increasingly become important. Depletion of natural resources forces countries to exploit remote and hard-to-reach mineral deposits. International experts assess that Arctic accounts for about 13% of undiscovered oil, 30% of undiscovered natural gas, and 30% of freshwater in the world. Consequently,Continue Reading

The 101-seat parliament was unable to elect the new president of Estonia on Monday as the sole candidate in the ballot, 63-year-old Alar Karis, failed to secure the necessary majority of votes.  Karis, director of the Estonian National Museum, received 63 votes in the secret ballot.  There were 16 emptyContinue Reading