Ott Tammik

Thirty Estonian defense businesses visited Ukraine this week, the largest trip of its kind to be organized by the Baltic nation to cultivate industry ties and seek battlefield testing opportunities in a war zone.

Estonia’s parliament passed a law forcing the local affiliate of the Russian Orthodox Church to sever ties with its pro-Kremlin leadership in Moscow, in an escalating standoff with an institution widely seen as an instrument of Russian soft power.

Estonia’s navy stopped and boarded a sanctioned, Russia-bound vessel in the Baltic Sea on Friday over its insurance status and suspicions that the vessel belonged to Moscow’s shadow fleet, which facilitates the illicit trade in Russian oil.

European Central Bank Governing Council member Madis Muller warned that US trade tariffs and higher public spending in Germany could stoke inflation.

Estonia plans to build a military base in the city of Narva, in the Baltic nation’s latest move to bolster security along its sensitive border with Russia.

Estonia may contribute a company of soldiers to a potential peace-keeping mission in Ukraine as part of a “reassurance force” led by the UK and France, Prime Minister Kristen Michal said.

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Russia deployed a fighter jet in NATO airspace this week after Estonia tried to inspect a so-called shadow fleet tanker passing the EU-member’s economic area, Estonia’s Foreign Minister Margus Tsahkna said.

Die Europäische Zentralbank kann laut Ratsmitglied Madis Müller weitere Zinssenkungen nicht ausschließen, muss aber vorsichtig sein. Es bestehe noch keine klare Notwendigkeit, das Wirtschaftswachstum aktiv zu unterstützen.

The European Central Bank is approaching the end of its interest-rate cuts, according to Governing Council member Madis Muller.