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New York Times Publishes Overview of Estonia’s Euro Endeavours
15 December (BNS) - In its Tuesday issue, The New York Times contained an overview of the euro aspirations of Estonia and the other Baltic countries and of the problems connected with it.
The paper finds that Estonia has fared better in the financial crisis than its two fellow former Soviet republics Latvia and Lithuania because it was more prudent about foreign borrowing and fiscal discipline in the boom years.
- Details
- Published: December 27 2009
Playtech Acquires Skill Games Developer GTS
8 December (BNS) - The international developer of online games and gaming environments Playtech, which does a large portion of its development work in Estonia, is to buy the gaming software company Gaming Technology Solutions (GTS).
The acquisition will take place for an initial consideration of 10.8 million euros, with a further consideration capped at 21.6 million euros over the next two years based on the future performance of the business.
GTS offers skill games, including those allowed under regulated markets, Playtech said. It said GTS has amongst its licensees some of the most well established European sports betting operators.
For the 12-month period ended June 2009, GTS recorded revenues of 2.6 million pounds sterling.
Playtech is listed on the Alternative Investments Market (AIM) of the London Stock Exchange.
- Details
- Published: December 27 2009
It's not easy being a jõulupuuehe (and other Estonian Christmas words explained)
It's not easy being a jõulupuuehe, for two reasons: you can't wait to be picked off your perch at the store, plus you carry the added burden of being a compound word in Estonian. This makes life very difficult, since people tend to want to break you up according to their English language tendencies.
- Details
- Published: December 27 2009
Estonia's Tallinn is like a Petri dish of capitalism
Rick Steves' Europe
It's amazing what a stretch of water can do. The country of Estonia sits across the Baltic Sea from Sweden and Finland. Yet the struggles of the last couple of generations couldn't be more different on opposite sides of the sea. Traveling to this former Soviet republic spices up any visit to this region — especially if you connect with the people and tune into their story about their struggle for freedom.
http://seattletimes.nwsource.com/html/ricksteveseurope/2010453233_websteves08.html?cmpid=2628
- Details
- Published: December 14 2009
Post-Soviet Estonia, and its people, thrive
It’s amazing what a stretch of water can do. The country of Estonia sits across the Baltic Sea from Sweden and Finland. Yet the struggles of the past couple of generations couldn’t be more different on opposite sides of the sea.
Traveling to this former Soviet republic spices up any visit to this region, especially if you connect with the people and tune into their story about their struggle for freedom.
http://www.heraldnet.com/article/20091212/LIVING/712129963
- Details
- Published: December 14 2009
Estonia's Future
Edward Lucas
A crisis is an expensive lesson, and wasting anything expensive is bad. So Estonians should use these hard times to take a hard look at themselves, their society and their state, and work out how to dump bad habits and adopt good ones. Learning from your own mistakes is good and learning from other people’s is even better. So Estonians should also look south to Latvia to see what may happen if current bad tendencies persist.
There are no quick fixes, only important changes. Independence was not a panacea. nor was introducing the kroon, or joining NATO and the EU. Adopting the euro will be no panacea either: it is a necessary condition for solid prosperity in future, but not a sufficient one.
http://edwardlucas.blogspot.com/2009/12/estonias-future.html
- Details
- Published: December 14 2009
International Committee Of The Estonian Institute Of Historical Memory Gathers For The 1st Time
“Estonia and the people of Estonia have endured a lot. However, even today we don’t have a real overview of what exactly happened in Estonia during the Soviet period,” said President Toomas Hendrik Ilves on Decemeber 8, in Kadriorg, at the first session of the Learned Committee of the Estonian Institute of Historical Memory.
- Details
- Published: December 14 2009
Estonian Students Rank Third in Europe for Skills, Knowledge
BNS - Estonian students are third in Europe after Finland and Ireland for their reading skills and their knowledge of mathematics and science subjects, it appears from a recent European Commission report.
According to the Education Ministry the number of students with a poor achievement level in science subjects is three times lower in Estonia than the average in Europe.
- Details
- Published: December 14 2009
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