Estonian women earn 29 pct less money than men

Estonian women’s average monthly gross income was EEK 9,563 and men’s EEK 13,425, which means women earn averagely 29 pct less money, Estonian Statistics announced.

The average monthly gross income per employee was EEK 11,415  in 2007, almost EEK 2,000 higher than a year ago. Compared to the previous year the women’s average monthly gross income increased [...]

The average monthly gross income increased by a fifth during the year

According to Statistics Estonia, the average monthly gross income per employee was 11,415 kroons in 2007, almost 2,000 kroons higher than a year ago.

In counties the average monthly gross income was the highest in Harju and Tartu counties, where the average monthly gross income was bigger than the Estonian average in 2007. The average monthly [...]

2264 people in Estonia’s black list

Currently the list that prohibits entering Estonia contains 2264 people, Õhtuleht reports.

Prohibition of entry is applied for those, who for some reason are unwanted or dangerous to Estonia.
Citizenship and Migration Board noted that basis for prohibition is also being illegally in the country.
“The Ministry of Internal Affairs doesn’t keep a statistics, which state’s citizens there is [...]

New study shows Estonian taxes in a different light

 A new survey shows that while Estonia is 34th worldwide by time spent on tax-related issues, it is only 122nd in terms of tax burden.
Eesti Päevaleht writes that authors of a joint study of World Bank and PwC noted that while dealing with taxes took relatively little time in Estonia, taxes themselves were surprisingly high.
In [...]

New apartments now cheaper than Soviet-built housing

 Ongoing sales campaigns by Merko, Arco Vara and YIT have driven the price of new apartments to new low.
Äripäev writes that large developer Arco Vara announced yesterday lowered the price of the apartments in Kodukolde housing estate near Tallinn centre to 900,000 kroons or about 34 percent below original price. The total price cut amounts [...]

Mart Laar: delay with eurozone entry cost Estonia dearly

Former Prime Minister Mart Laar believes that the government’s decision not to enter the eurozone in 2007 had a high price for Estonia.

Laar who attended a TV show for former PMs said that the mistake was to consider that economic growth was more important than reducing inflation and ensuring that Estonia is accepted to the [...]

BBN: SAS pressures government into selling its shares in Estonian Air

 SAS Group that owns 49 percent of Estonian Air is ready to inject more capital into the airline only if it gets the Estonian government’s 34 percent holding.
Äripäev has obtained a copy of a letter signed by Mats Jansson, President and CEO, where SAS Group says that it could participate in a new capital injection [...]

Banking sector statistics

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The share of overdue loans did not in crease in October

Jaak Tõrs, Head of the Financial Stability Department of Eesti Pank
The volume of the deposits of Estonian households and non-financial enterprises decreased by 240 million kroons, i.e., 0.2% in October. The annual growth rate dropped to 6.3%. Since the culmination of the international financial crisis at the end of September and beginning of October increased [...]

Exports of goods grew due to the re-export of fuels

According to Statistics Estonia, in September this year exports of goods increased by about a quarter in current prices compared to September of the previous year. Nearly half of the increase was caused by the increase of re-export of fuels.

The value of exports of goods was 12.2 billion kroons, which was nominally (not taking into [...]