Ardo Hansson Governor of Eesti Pank

Ardo Hansson, Governor of Eesti Pank, finds that the harmonisation of Estonian incomes with those of elsewhere in Europe will slow as the productivity growth of employees in Estonia is less far above the European average than it was.

... more

At the end of its recently finished annual visit to Estonia to assess Estonian economic policy, the IMF projected the near-term potential output growth of the Estonian economy   at 3% per year, which is slightly below the estimate of Eesti Pank. Eesti Pank agrees with the IMF that it will be... more


At the Äriplaan 2016 conference on Wednesday, Governor of Eesti Pank Ardo Hansson spoke of how Estonian companies have succeeded in increasing their non-price competitiveness. The need to improve competitiveness has become ever more important in coming years as higher labour costs have made... more


Questions and answers from 3 July

  • The direct impact of the situation in Greece on the Estonian economy is very small
  • The Greek economy accounts for less than 2% of euro-area GDP, and for this reason, the problems there will not have a major impact on the economy... more
  • Growth has been satisfactory in the Estonian economy given the difficulties in several of Estonia’s main export markets
  • Growth is accelerating to between 3% and 4%, which is the current growth potential
  • Stresses have not increased in the labour market, but falling... more
Ardo Hansson Governor of Eesti Pank

Honourable President of the Riigikogu, Distinguished Members of the Riigikogu

I am here today to give you a summary of the year 2014 at Eesti Pank. I will speak on the economy in the euro area and on monetary policy, and I will... more

  Natalja Viilmann and Jaanika Meriküll Eesti Pank Economists

Exports of Estonian goods and services grew faster in 2000-2013 than global exports as a whole in both current and constant prices, meaning that Estonian exports managed to gain market share during those years.... more


Speaking on Tuesday to the finance committee of the Riigikogu about the asset purchase programme of the central banks of the euro area, Governor of Eesti Pank Ardo Hansson said that economic history shows that central banks are not able to create long-term economic growth through large-scale... more


European Central Bank Governing Council member Ardo Hansson comments on potential government-bond purchases, deflation, oil prices, exchange rates, Greece, the economic outlook and Estonia.

Hansson, who also heads Estonia’s central bank, made the remarks in an interview in Frankfurt ... more

Subscribe to Keyword: Estonian economy
Subscribe to Keyword: Estonian economy