Baltic LNG fiasco to cost a billion eurosIneptitude on the part of the European Commission and national governments threatens to render wasted €900 million spent on eliminating the gas dependence of the Baltics and Finland provided a market-based LNG-terminal is not constructed in Estonia.Economy
USA wants F-35 fighters in Baltics 1The United States of America have been discussing sending a unit composed of their most modern and expensive F-35 fighter planes into the Baltic region as these are employed in second half of the year. «We desire that F-35, for instance, do a little Baltic air policing,» (AAC) head General Herbert «Hawk» Carlisle said speaking to US Congress armed forces committee the day before yesterday.Estonian news
Editorial: don't sell security for pottage of lentilesThe closer the NATO summit in Warsaw, the more abundant the Kremlin propaganda and – somewhat surprisingly – the repeating of like messages by our own people. Such are not many, however, as seen in answers by entrepreneurs interviewed in Postimees today.Opinion
Tiit Vähi: anti-Russia torch of war damaging to business Former Prime Minister talks to PostimeesEstonia ought to alter current course and support removal of anti-Russia economic sanctions imposed after annexation of Crimea says former prime minister turned transit businessman Tiit Vähi.Economy
Eerik-Niiles Kross: Brexit significantly worsens security situationShort-term, Brexit will surely and significantly worsen the security situation; possibly, the long-term security situation will deteriorate in all of Northern Europe, writes Riigikogu member Eerik-Niiles Kross (Reform Party).Opinion
Editorial: 75 years since the initial deportationsIn the Russian language sphere people sometimes say they wish the others would «get Stalin.» Always, it is for the others, for who would want to have his live valued as nothing.Opinion
Russian history professor: we've lost the taste for truthMythologising history, loss of objective view, hindering learing lessons from history, is a problem with all of former Soviet bloc nations says Russian historian Andrei Zubov (64), known for his stand against Kremlin propaganda.Estonian news
EU energy chief differs with Nord Stream 2 teamVice president of European Commission regarding energy union, Maroš Šefčovič says no business project has encountered such political headwinds as the Nord Stream 2 (NS2) pipeline. If the builders wish to carry out their current plans to complete the work by 2019, he says they will have to consider all EU rules the third energy package included.Economy
Editorial: the importance of a clear messageThe closer we are drawing to the Warsaw summit of NATO on July 8-9, the louder and sharper is Russia in its statements, obviously intending to sow discord and create anxiety in the West. Meanwhile, to ensure security, the very unity and steadfastness is our key.Opinion
Editorial: the outcome of Russia's crazy gameReferring to US deputy defence secretary Robert Work, The Wall Street Journal wrote on April 29th that in response to Russian aggressiveness NATO would boost its presence in Baltics and Poland by four battalions i.e. a contingent of 4,000 men. This still is too little when compared to Russian western military district of up to 350,000 men or the close to 100,000 of troops who have in recent years participated in exercises on Russia's western edge. Much more important, however, is the message therewith sent to Kremlin.Opinion
Commander-in-Chief convinced in increased NATO presence in BalticsCommander-in-Chief of the Defence Forces Riho Terras tells Postimees in live studio he is convinced the Warsaw summit in the beginning of July will decide to increase NATO presence in Baltics. He underlined that in run-up to such summits, presenting of dark scenarios in reports is the norm.Local News
Russia should not be allowed to perceive it can act unchallengedNATO needs to decisively acknowledge Russian danger in Baltic Sea region and significantly increase presence of ground and air forces, as well as of navy says a fresh report.Estonian news
Three banks for sale in Baltics. Maybe moreTo the knowledge of Postimees, at least three smaller banks operating on the Baltic market have been for sale for years: Nordea, DNB, and Danske. Trouble is, nobody seems to be too interested.Economy
Swedes sell Starman to AmericansSwedish investment firm East Capital Explorer announced agreement to sell cable TV and internet connection provider Starman Grupp to US private equity firm Providence Equity in what would be among the biggest transactions on Estonian business landscape for years. The press release said the deal is worth about €81m with up to five million euros to be added in 2017. East Capital Explorer claims it has earned at least €35m in exit profits.Economy
Will Nordica fly? Experts admit names are tricky to inventName Nordica picked for national airline uncovers nonsense of public contests, say advertisement experts.Economy
Editorial: the art of reading reports restfullyOf the report of the US think-tank Rand Corporation the slogan-like idea stood out that Russia may take Baltics by blitzkrieg if it so desires. Let such reports be read with an attitude of rest, though – carefully and thoughtfully while not overly dramatizing the details regarding conclusions drawn.Opinion
NATO squeezed by Kaliningrad bottleneckPredicting occupation of Tallinn and Riga in less than 60 hours, a RAND Corporation report does underestimate Estonian defence capacity but points out the cold hard facts of gaping holes in deterrence capability of the Baltics which they believe need to be fixed latest by NATO summit in Warsaw.Estonian news
10-12 tanks added to Pskov Air Assault divisionThe 76th Guards Air Assault Division in Pskov, Russia and immediate vicinity of Estonia gets boosted by a tank unit. Experts say security of Estonia is thereby under no greater threat.Estonian news
LHV pension funds entering the big leagueWith five fund managers currently operating on the pension funds market, it's four soon in all likelihood. To the knowledge of Postimees, Estonian branch of Danske Bank is intending to sell its subsidiary Danske Capital, a pension fund manager. The deal ought to be finalized within a month.Economy
EMT and Elion deleted Enter Telia EestiThough the Swedish TeliaSonera owned telecommunications company Eesti Telekom since early 2010, now every client knows as well. The bells have tolled to the Estonian brands EMT and Elion, and starting today all services are offered by Telia Eesti. Brought in to lead the enterprise from January, Swede Dan Strömberg says this is a new beginning in lots of ways.Economy
Andrei Katkov: Sillamäe oil plant has a future St Petersburg businessman explains investments into EstoniaIn a rare public interview, owner of Port of Sillamäe and a prominent St Petersburg businessman Andrei Katkov talks about the strengths of the harbour, on why he is investing in Estonia, and why it isn't in Russia's interests to give up transport of goods via Baltic ports.Economy
Editorial: with NATO, or without?These past years, Russia has not shown itself the trustworthiest of neighbours. As a result, the nations near it are seeking additional guarantees of security.Opinion
Swedish defence analysis admits migration is serious threatMigration – into Nordics and out of Baltics – poses considerable security risk to Baltic Sea Region (BSR) as admitted by freshly released research ordered by Swedish defence ministry.Estonian news
Foreign minister says Estonia not intending to claim compensation for damages by occupationEstonia is not intending to claim compensation from Russia for damages by Soviet occupation, foreign minister Marina Kaljurand told Russian news agency Interfax this Sunday while commenting a memorandum of cooperation signed by justice ministers of Estonia, Latvia and Lithuania regarding presenting such claim to Russia as legal successor to Soviet Union.Estonian news
Estonia emerges as Baltic laggardTwo summers ago as it was already known that Latvia was joining the euro, consultancy EY Estonia head Ivar Kiigemägi predicted this was Estonia's last year with fastest growth in eurozone. He was right.Economy
Editorial: compensation for Soviet damages again tabledTalking about damages caused for the occupation, thought go towards human lives being destroyed even as we write this, in Ukraine, due to activities by Kremlin. To mainly Russian-speaking people, vast material damage has been caused and the environment devastated. Regrettably, the powers that be at Kremlin have failed to learn the lessons of history that slaughter of people and destruction of assets comes with a price - potentially to be paid by them and their nation.Opinion
Baltics team up for Venice BiennaleYesterday, Estonian Centre of Architecture proclaimed winner of curator call for representing Estonia at 15th International Architecture Exhibition in Venice in 2016: a work named «Balti Atlas».Culture
Hopes high to have other allies added to incoming BritsUnable to specify, I think more good news are in store said defence minister Hannes Hanso commenting on the news released yesterday of UK sending soldiers to support Baltics.Local News
USA seeks ways to boost Baltic defenceThe swampy Baltic terrain, outdated international agreements, bottlenecks in transit roads and holes in defence capacity make it difficult to move military units here, lists the US defence ministry's journal Stars and Stripes in an article published last Friday, citing reasons for updating the Baltic defence strategy.Estonian news
ERGO «feels no fear for Baltics»ERGO International AG board member Thomas Schöllkopf in charge of Eastern Europe says they go cautious in Russia and Ukraine due to their conflict while not worried and confident in the Baltics.Economy
«NATO finished when not helping a member state»Amazingly, after a career of 18 years at defence ministry and mainly dealing with NATO, Sven Sakkov is still proud of a newspaper article written in 2004 headlined «Headed towards Nordics» and rejoices that we are closer to the non-NATO Nordic neighbors than ever before.Estonian news
Russians fear freedomFormer Tomsk Oblast cultural department head Andrei Kuzichkin says policy of Putin's regime is built on special operations while Kremlin sees Western leaders as weak.Opinion
Mihkelson finds fault with NATO communicationRiigikogu's National Defence Committee chairman Marko Mihkelson (IRL) sees communication glitch in not being informed about changes regarding numbers of NATO fighters in Baltics and Poland though the decision was taken as early as this spring.Local News
Russia steadily testing resistance of BalticsAn application filed by two Duma members to investigate legality of recognition of Baltics by Soviet Union on September 6th 1991 fits well with an all-out information attack these past three months – aimed not really to scare the Baltic citizens, but rather to test the reactions of the authorities in Estonia, Latvia and Lithuania, and the public opinion.Opinion
Editorial: German protection shown in actionThe recent public confirmation of rotating German infantry companies coming to the Baltics, by members of Bundestag, is of great significance.Opinion
Similarity stronger than dared to admitAccording to fresh TNS Emor study comparing archetypes of Estonians, Latvians and Lithuanians, the inhabitants of the Baltics think themselves to be more different than we actually are.Local News
Allied forces to remain in EstoniaYesterday’s NATO foreign ministers’ meeting in Brussels was the first after the alliance’s September summit in Wales. While three months back the vision was laid down to strengthen collective defence, yesterday an overview was provided on advancement thus far.Local News
Among Baltic states' residents Estonians have the most savings - Swedbank surveyAccording to a survey of the Institute for Private Finances at Swedbank most Estonians or 83 percent have savings while 66 percent of Lithuanians and 53 percent of Latvians have set money aside.Economy
Sanctions no big damage to EUEuropean Commission Deputy Secretary-General Henrik Hololei says repercussions from Russian sanctions do show most in EU agriculture, but financial indicators reveal technology to be worst affected.Economy
European Commission recommends Estonia to conclude gas agreement with LithuaniaGiven that a new terminal for liquefied natural gas (LNG) at Klaipeda, Lithuania will start work at the end of this year, the European Commission advises Estonia to conclude an agreement with Lithuania for the supply of protected customers in Estonia in case of an emergency with gas.Economy
Editorial: when foreign policy turns domesticRussia’s neighbours are getting the feeling of living at the foot of a volcano. Firstly, one is forced to learn all about volcanoes. Also, preparedness is needed for earthquakes shaking the occasional fence.Opinion
Siobhan Kattago: Obama shared more in common with Ronald Reagan than I ever could have imaginedIn the days leading up to President Obama’s state visit to Estonia on September 3rd, the eve before the NATO summit meeting in Wales, details of his schedule, travel plans and meetings were meticulously scrutinized. As streets closed and helicopters circled, the contrast between the heavy security surrounding the Commander in Chief and his message of freedom couldn’t have been starker. Obama’s visit dramatically underscored the complex relationship between freedom and security in a post-9/11 world.Opinion
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