The budget of Eesti Pank for 2021 will be 24.2 million euros. Without cash handling costs, which vary a lot from year to year, the budget will be 0.7 million euros, or 3.4%, larger than in 2020.
Including cash handling costs makes the central bank budget 4.4% bigger next year than it was... more
At its regular meeting on Tuesday, the Supervisory Board recalled Maive Rute from the Supervisory Board of Finantsinspektsioon and appointed in her place Veiko Tali, who will start work as Deputy Governor of the central bank from the new year. The decisions come into force from 1 January.... more
Governor of Eesti Pank Madis Müller said in a presentation at a conference on accounting on Thursday that the second wave of the pandemic crisis will cause new uncertainty in the economy, which means that rather than increasing its fixed costs, the state should be flexible in the coming year and... more
Madis Müller leads Eesti Pank and is a member of the European Central Bank’s Governing Council, the highest decision-making body of the ECB that among other decisions sets monetary policy for the euro area.
Madis Müller became Governor of Eesti Pank... more
Governor of Eesti Pank Madis Müller spoke at the Äriplaan 2021 economic conference on Tuesday, where he said that although the Estonian economy has outperformed expectations so far, the uncertainty caused by the outbreak of the coronavirus means that both businesses and the government need to... more
At its regular meeting on Tuesday, the Supervisory Board of Eesti Pank confirmed its working plan for the second half of the year and heard a review of the legal basis for the activities of Eesti Pank and a review of its work in statistics.
Eesti Pank Governor Madis Müller gave the Board... more
The first meeting of the new membership of the Supervisory Board of Eesti Pank was held on Tuesday, during which the members of the board heard a review of the activities of the Executive Board in the first half of the year, and discussed planned changes to the strategy of the central bank.... more
Honourable President of the Riigikogu, Distinguished Members of the Riigikogu, I am pleased to present to you the annual report of Eesti Pank for 2019.
Rarely has the economy been in such a different position by the start of June... more
Governor of Eesti Pank Madis Müller told the Riigikogu in his speech on Tuesday that the state should be ready to give people more support than before for retraining because unemployment will start to rise following the coronavirus crisis and there will be changes in the jobs needed in the... more
The latest financial stability review from Eesti Pank finds that the banks have sufficient capital buffers even if restrictions remain in place for long time. The central bank estimates that if the restrictions last until August, the share of problem loans will rise to 13% of the loan portfolio... more