The Estonian economy will grow by around 3.5% this year and next, and by 2020 growth will slow to close to 2%. One reason that growth will slow is that fewer people enter the labour market. Another reason is the problem of competitiveness at companies, which is indicated by a decline in Estonia... more
Eesti Pank and the Ministry of Finance are attending the annual meetings of the International Monetary and Financial Committee (IMFC) of the International Monetary Fund (IMF) and the Development Committee of the World Bank on 9–14 October in Bali in Indonesia. The main topics of the meetings are... more
Among the presenters at the Äriplaan 2019 economic conference on Thursday was Eesti Pank Governor Ardo Hansson, who said that the past couple of years have been good for the Estonian economy, but a slower rate of growth is to be expected in future.
The past couple of years have been kind... more
An exhibition of contemporary Estonian art has been opened in the foyer of the European Central Bank and will remain there until 26 October. The exhibition is part of the celebrations of the centenary of Eesti Pank.
The exhibition will be open for three months to staff and visitors of... more
Governor of Eesti Pank and member of the Governing Council of the European Central Bank Ardo Hansson says there is no reason to hope that interest rates on loans will forever remain as low as they are now.
- The central banker believes that the Estonian economy is already simmering... more
Remuneration of the members of the Executive Board in 2017No Position Name Total Basic salary Bonuses and benefits Other compensation  1 Governor Ardo Hansson 113 920,05 101 276,66 12 643,39 2 Deputy Governor... more
Activities of Eesti Pank are managed by the Executive Board.
The Executive Board:
- prepares and submits to the Supervisory Board documents and draft decisions for adopting decisions under the jurisdiction of the Supervisory Board and for... more
Governor Ardo Hansson gave a lecture to the Research Centre SAFE (Sustainable Architecture for Finance in Europe) at Goethe University entitled Euro Area Monetary Policy: Effects and Side-effectsEuro area monetary policy: effects and side effects from Eesti Pank
The International Monetary Fund (IMF) finds that the Estonian economy is performing well, but recommends that a part of the spending planned in the state budget for the years ahead be postponed, and that investments that boost productivity be preferred. Eesti Pank shares this opinion.
Interview with Ardo Hansson, Governor of Eesti Pank and Member of the Governing Council of the European Central Bank (ECB)
Mr. Hansson, is inflation dead?
No, definitely not. Of course, we all face a certain puzzle: The economy in the euro area, for example, is currently... more