20.09.2018
A lot of countries have had to adapt to expanding trade barriers since spring of this year, though these have not damaged the growth in global trade, at least not yet. Growth slowed a little in the summer months in the global economy as a whole, but this was partly caused... more
26.06.2018
The Estonian Economy and Monetary Policy is an Eesti Pank review released four times a year that summarises the main recent events in the global and Estonian economies. Twice a year, in June and December, the review also contains the forecast for the Estonian economy for the current year and the... more
12.06.2018

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
12.04.2018

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-effects 

Euro area monetary policy: effects and side effects from Eesti Pank
05.04.2018
The Estonian Economy and Monetary Policy is an Eesti Pank review released four times a year that summarises the main recent events in the global and Estonian economies. Twice a year, in June and December, the review also contains the forecast for the Estonian economy for the current year and the... more
28.03.2018
  • The economy was driven upwards mainly by a burst of growth in demand
  • Increased investment is required for the economy to continue to succeed
  • An increase in employment rather than in investment has brought the labour market very close to overheating

The year... more

16.01.2018

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

22.12.2017
The Estonian Economy and Monetary Policy is an Eesti Pank review released four times a year that summarises the main recent events in the global and Estonian economies. Twice a year, in June and December, the review also contains the forecast for the Estonian economy for the current year and the... more
03.11.2017
Working Papers of Eesti Pank 11/2017 An effective inflation targeting (IT) regime assumes both a change in the stationarity properties of inflation and a lower variability. Within a framework that does not make a priori assumptions about the order of integration, we examine whether... more
13.10.2017

FRANKFURT — Eurozone countries should not get their hopes too high on ever-closer fiscal cooperation and a European finance ministry to help out countries in trouble, according to Ardo Hansson, head of the Bank of Estonia and a hawkish member of the European Central Bank governing council.... more

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