Roivas: Estonia's coalition agreement would cost more than EUR 300 mln

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Photo: Liis Treimann

Coalition agreement of the three Estonian parties at present engaged in coalition-building talks is more than 300 million euros, chairman of the Reform Party, Prime Minister Taavi Roivas, said and also mentioned excise duty hikes as sources for covering costs.

Roivas told journalists on Monday that the total costs of the coalition agreement between the Reform Party, the Social Democratic Party (SDE) and the Pro Patria and Res Publica Union (IRL) would be more than 300 million euros until 2019. He added that its division across years needs very careful balancing.

As covering sources Roivas named excise duty hikes, including of fuel and diesel as well as "harmful consumption" or alcohol and tobacco excise duties. At the same time he affirmed that the excise duty hike is planned "in a rather reasonable pace."