While market conditions were fragile in 2022, the republic found a good window in October to launch its second sovereign bond in two years.
Central & Eastern Europe
Latest articles from Estonia


Ott Vatter: how Estonia's e-Residency is leading the inequality charge
January 2, 2020The managing director of Estonia’s e-Residency programme explains how the country's digital identity policy is positioning it as a leader in the Fourth Industrial Revolution.

Estonia builds its fintech muscle
April 1, 2019Estonia has the plan, resources and attitude to become the leading fintech hub in the Baltic region. But can it deliver on its dream?

Baltics take first step towards regional capital market
January 2, 2018Recognising there is strength in numbers, Estonia, Latvia and Lithuania are joining together to created a pan-Baltic capital market, with covered bonds the first product planned. Michael Turner reports.

Top 100 central and eastern Europe EU banks ranking: Tier 1 capital ebbs as dollar strengthens
May 1, 2016Bulgarian lenders bucked the trend as Tier 1 capital contracted in most of central and eastern Europe, while Czech institutions retained their status as most profitable banks in the region.

Central and eastern Europe: a growing market for private equity
June 1, 2015Private equity investment in central and eastern Europe could be set to increase as investors look to capture the region’s potential as its economies return to growth.

Top 100 CEE EU banks ranking: Poland and Czech Republic hold sway
April 30, 2015Central and eastern European banks in the EU faced a sluggish 2013, but Poland led the region in terms of growth and the Czech Republic in terms of returns. Baltic banks are also starting to rise to the challenge.

Europe's real crisis is one of democracy, not debt
February 1, 2012A return to economic growth in Estonia shows that it is possible to benefit from eurozone membership, even amid Europe's financial crisis. But governments must first acknowledge the limits of what the state can do.
Frugal Estonia's digital route to recovery
September 1, 2011Estonian prime minister Andrus Ansip talks to Hugh O'Shaughnessy about the country's e-revolution, the power of its ID card, and the decision to reduce taxes for business and private citizens.
Estonia's lesson for Europe's powerhouses
July 28, 2010Estonia may be in debt, but it has the third-lowest budget deficit in Europe and, as the country's prime minister explains, its policies of prudence and restraint are putting it in a strong position for its entry to the eurozone. Interview by Courtney Fingar.