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 almost EEK 1,600 and men’s EEK 2,300.

The difference between the average monthly gross income of women and men was the smallest in Tartu county and the biggest in Hiiu county, a year before in Võru and Hiiu counties, respectively.

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 gross income per employee was bigger in local government units situated near Tallinn. Among the first 15 local government units there were 14 Harju county local government units.

As in the previous year the average monthly gross income of women and men was the highest in Viimsi rural municipality (respectively EEK 14,418 and 21,789) and the lowest in Piirissaare rural municipality (respectively EEK 4,186 and 6,985).

Read further: Estonian women earn 29 pct less money than men

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 gross income per employee was bigger in local government units situated near Tallinn. Among the first 15 local government units there were 14 Harju county local government units.

Last year the females’ average monthly gross income was 9,563 kroons and males’ 13,425 kroons. Compared to the previous year the females’ average monthly gross income increased almost 1,600 kroons and males’ 2,300 kroons. The females’ average monthly gross income was 29% smaller than the males’ average monthly gross income, this indicator did not change significantly compared to the previous year.

The difference between the average monthly gross income of females and males was the smallest in Tartu county and the biggest in Hiiu county, a year before in Võru and Hiiu counties, respectively.

As in the previous year the average monthly gross income of females and males was the highest in Viimsi rural municipality (respectively 14,418 and 21,789 kroons) and the lowest in Piirissaare rural municipality (respectively 4,186 and 6,985 kroons). The difference between the average monthly gross incomes of females and males was the smallest in Nõva rural municipality and the biggest in Lohusuu rural municipality, a year before in Ruhnu and Lavassaare rural municipalities, respectively.

The analysis of the average monthly gross income of Statistics Estonia is based on the data of the Tax and Customs Board. The average monthly gross income per employee is computed as the sum of monthly average payments divided by the number of recipients who have received this payment.

The average monthly gross income of males was larger with respect to all age groups than that of females in all local government units. Higher gross income of males does not mean that men and women who do the same work get paid differently. Based on the data of the Tax and Customs Board we cannot conclude that we have to do with gender discrimination, as no such background data are available.

Gross income — differences by age and sex is one theme in the publication “Linnad ja vallad arvudes. 2008. Cities and Rural Municipalities in Figures”. The publication offers regional statistics and analyses the development of cities and rural municipalities.

Source: Statistics Estonia

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 the most,” Kristina Kareva, press secretary from the Ministry of Internal Affairs said.

Last year the list mostly contained Russian citizens, people with undefined citizenship, Ukraine, Zimbabwe, Armenia, Belorussia and Moldova’s citizens.

Source: BBN

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 terms of tax burden, Estonia was ranked 122nd with 48.6 percent and clearly behind most other European countries. In this aspect Estonia was mainly ahead of African, Asian and Latin-American countries.

This may be surprising, but the study is based not on comparing the tax burden with GDP as tradition, but on comparison of the amount of tax paid with the annual profit of the company. The calculation was based on a hypothetical company that has a profit margin of 20 percent and was founded two years ago.

Read further: New study shows Estonian taxes in a different light

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 to around 23 million kroons.

Veiko Taevere, head of the development division of Arco Vara, said that he was hopeful that the company will manage to sell all the vacant apartments in the Kodukolde project.

30 to 40 percent discounts on new apartments mean that in some cases they cost less than apartments built before 1991.

For instance NCC Ehitus is offering new apartments in Viimsi for 17,500 kroons a square metre that is about as much as people pay for Soviet-time renovated apartments.

One of Estonia’s largest real estate developers and construction companies Merko announced this week that it has cut prices between 30 and 40 percent for three projects.

Read further: New apartments now cheaper than Soviet-built housing

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 eurozone.

Speaking of the future, Laar said that he expected problems to pile up. “If the government earnestly wants to achieve eurozone-capacity by 2011, it will be very painful.”

Also another PM and current vice president of the European Commission Siim Kallas admitted that Estonia was very close to entering the eurozone in 2007 and that it was a mistake not to push for it.

“I have always been in favour of speeding up the eurozone entry, but a question is what the government could have done at those times when Estonia still have a budget surplus,” said Kallas.

Third former PM Juhan Parts said that the eurozone issue is a huge political topic, but suggested to focus more on the future instead of analyzing mistakes made in the past.

Source: BBN

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 in Estonian Air only if the government of Estonia simultaneously sells its shares in the company to SAS.

Jansson said in his letter that he found recent statements made by the Minister of Economic Affairs Juhan Parts about Estonian Air irresponsible and unwise. “In SAS opinion it is very unwise and not consistent with a responsible transportation policy to make statement such as those that have been reported in the media allegedly made by the Minister of Economic Affairs and Communication last Thursday where the word bankruptcy was cited as being used in connection with Estonian Air.

SAS said that Estonian Air was having liquidity problems that need to be solved by the end of this month at the latest.

Estonian Minister of Economic Affairs Juhan Parts told Äripäev that in his opinion the proposal of SAS is not serious. “We are definitely not selling. But I should say something only we have formed an opinion and made a decision,” said Parts.

The government has no plans to discuss the situation of Estonian Air in its today’s session.

Äripäev has received information that the government has discussed the proposal that was made in the letter dated November 17. No outcome is in sight, however, since both Finance Minister Ivari Padar refuses to discuss injecting EEK 300 mln in the airline and Minister of Economic Affairs Juhan Parts says that sale of Estonian Air would be the end of domestic aviation and the time for such a sale is the worst possible.

By some reports, Estonian Air could end this year with a loss of EEK 100 million. It needs 300 million kroons to buy three Bombardier aircrafts.

Source: BBN

Follow

Get every new post delivered to your Inbox.