Madis Müller leads Eesti Pank and is a member of the Governing Council of the European Central Bank that sets monetary policy. The Governing Council of the European Central Bank is made up of the heads of the central banks of the countries in the European... more
Deputy Governor Ülo Kaasik is responsible for preparing monetary policy decisions, and leading economic research, financial accounting and reporting. He is also responsible for the information technology working environment and for coordinating the collection and disclosure of financial... more
The Estonian economy has been one of the fastest growing in Europe in the past three years, and although that growth will slow this year, the labour market will not cool down so much, said Ülo Kaasik, Deputy Governor of Eesti Pank, to... 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
Ülo Kaasik, Deputy Governor of Eesti Pank, told a finance conference in Pärnu that 2017 was a good year for the Estonian economy, but that long-term success will need companies to invest a lot more than they are at present.
Speaking at a conference for industry on Thursday, Deputy Governor of Eesti Pank Ülo Kaasik said that faster economic growth will require investment and the state can help with this by reducing uncertainty about the future for business.
Mr Kaasik pointed out in his presentation that... more
Speaking at a conference for industry on Tuesday, Ülo Kaasik said that there have been a series of positive changes in exports in the first half of the year. External markets are growing, albeit slowly, but industrialists are under constant pressure from wages.
“Despite slow economic... more
The Eesti Pank Supervisory Board approved the proposal on Tuesday of the Governor of Eesti Pank, Ardo Hansson, for Ülo Kaasik and Madis Müller to continue as Deputy Governors for another five years.
The Supervisory Board held a secret ballot on the proposal and the result was unanimous... more
At Tuesday’s regular meeting of the Eesti Pank Supervisory Board, Deputy Governor Ülo Kaasik presented the December economic forecast from the central bank, and Eesti Pank Governor Ardo Hansson gave a review of the state of the economy in the euro area.
The Supervisory Board confirmed... more
At Tuesday’s regular meeting of the Eesti Pank Supervisory Board, the Eesti Pank Executive Board gave a review of the work of the bank in the first half of the year and of the fulfilment of the budget. The board also heard a review of the first half of the year from the internal audit.