AGP Executive Report
Last update: 10 hours agoGrowth and Politics: Prime Minister Kristen Michal says Estonia’s economy is growing twice as fast as the EU average, crediting tax cuts and rising wages, exports and manufacturing as the Reform Party campaigns for 2027. Energy Investment: A €200 million wind-and-battery project just across the Latvian border has raised concerns in nearby Estonian communities; developer Utilitas says it may also add four turbines in Estonia. Digital Payments: Mastercard will require new cards and payment terminals across Europe to support offline transactions from 2027, a system already in use in Estonia and Latvia. Business and Jobs: Siemens is leading a nine-figure investment in Estonian energy-storage company Skeleton Technologies to support AI data-centre power needs, while Telia plans to cut 100 jobs in Estonia. Baltic Trade: Estonia and other Baltic states are pressing for an EU ban on Russian grain transit through Baltic ports; Latvia warns such a move could raise freight costs and hurt its economy.
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