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SAS wants to buy out Estonian Airlines

Despite its admitted financial difficulties, Scandinavian Airlines (SAS) has approached the Estonian government with an offer to buy out the 34 percent stake it owns in Estonian Airlines. SAS already...

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Delivering cheaper cheer to Finnish drinkers

It is commonly agreed and fairly well known that Finland has a drinking problem. Alcoholism is one of this Nordic country’s most pressing social issues, and something the government has been...

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Estonian president on official state visit to Iceland

The global financial crisis has particularly hurt small countries like Estonia and Iceland, says Toomas Hendrik Ilves, the President of Estonia, whose official visit to Iceland began yesterday. Ilves...

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Bumper summer season ahead for Baltic Sea ferries

Last summer’s near-record passenger numbers look set to continue for Baltic Sea shipping lines. “The advance reservation situation is extremely good,” said Pasi Nakki, Deputy CEO of Tallink Silja....

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Swedish audit office cites Iceland banking example

The Swedish National Audit Office, Riksrevionen, last week published a report on the problems of the Swedish banks in the Baltic states. (Article by Ulf Sandmark) The report is very limited but states...

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Iceland Day celebrated in Estonia

Yesterday was Estonia’s 20th anniversary as an independent modern European nation. In celebration there is a weekend-long programme of events; including a festival of all things Icelandic. Iceland was...

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Finnish alcohol purchasing helps fund Estonian cultural activities

Finns taking the short boat ride to Estonia to stock up on alcohol is helping fund Estonian cultural activities and literature, as a percentage of alcohol taxes in the nearby country is put towards...

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Finland: More Russian tourists heading to Estonia

Many Russian tourists now appearing to be travelling to Estonia rather than Finland, according to research and analysis centre TAK. TAK says that Russians seem to be choosing Estonia over Finland...

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