Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

Wed May 23, 2012, 01:35 GMT +3
Home More news list Investors' attitudes toward Estonia have improved - official

Investors' attitudes toward Estonia have improved - official

BNS - Deputy secretary general of the Estonian Finance Ministry Tanel Ross, who attended the annual meeting of the European Bank for Reconstruction and Development (EBRD), said that the attitudes of investors toward Estonia have become considerably better of late.

During the EBRD meeting in Zagreb at the end of last week several private banks wished to meet with the Estonian delegation, inquiring about financing opportunities and the basic principles of Estonia's economic policy, Ross said according to the ministry.

On repeated occasions Estonia's making it to the threshold of the eurozone was mentioned with recognition and the country named as an encouraging example in several speeches.

The European Union economic and monetary affairs commissioner, Olli Rehn, in his speech that focused mainly on Europe's fiscal problems also cited the example of Estonia and the Commission's recommendation that the country be admitted to the eurozone as proof that the door to the common currency remains open for those who fulfill the criteria.

"In the speech of Estonia as the bank's shareholder we emphasized that side by side with post-crisis projects to stabilize the economic environment the bank definitely should support also investments in infrastructure, particularly in places where insufficient connections hinder deeper regional integration," Ross said.
Last Updated on Thursday, 20 May 2010 11:34
Estonian Investment and Trade Agency
Free investment tips
  • Estonian economic trends
  • Investment climate
  • Law changes
  • Business tips
Enter your email address:

Partners
Estonian Investment and Trade Agency
Feedback
Would you recommend Investinestonia.com to other potential investors?