Estonian Archives - Rvpg media

Estonian finance minister initially agrees to wrong Russian oil price cap | News

The WSJ reported that Poland and the Baltics said on November 23 that the $65-70 price cap proposed by the European Commission was too high as it was more than the market price of Russian oil at the time. It was reported that a representative of the U.S. Treasury Department called the Estonian finance minister … Read more

Estonian banking firm strikes deal to acquire Bank North’s SME lending business

Estonian banking and financial services company LHV UK has agreed commercial terms to acquire Bank North’s SME lending business. Bank North, the Manchester-based banking start-up, announced last week it was winding down its operations after failing to secure a £30m new funding round to obtain a full banking license from the Bank of England, which would … Read more

EU finance ministers’ agreement means €83m for Estonian energy investments | News

“Our main goal is to accelerate renewable energy development in Estonia, and the addition of new capacities, which would also help bring prices down,” Pentus-Rosimannus said according to a ministry press release. “This means substantially faster state administration and a faster planning, permitting and coordination process. REPowerEU will provide an opportunity to fund this.” The … Read more

Virves becomes first Estonian Junior WRC Champion

Robert Virves has made history by winning Acropolis Rally Greece to become the 2022 FIA Junior WRC Champion after a thrilling title fight that went down to the wire. Virves wins a career-boosting prize package with four fully funded WRC2 prize drives with M-Sport in a Fiesta Rally2 for 2023 including a pre-event test and 200 Pirelli tyres. … Read more