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30. September 2025
The government is suspending the national fiscal rules
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09. September 2025
Rapid growth in government debt expected ahead
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11. June 2025
The Fiscal Council has published a study on the cyclical sensitivity of the budget
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30. April 2025
The improved forecast for public finances is surrounded by important negative risks
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12. September 2024
The summer forecast finds there is not room in the budget for increasing spending
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30. April 2024
It is uncertain whether the fiscal targets set by the government will be achieved
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26. April 2024
Fiscal consolidation cannot be postponed any longer
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18. April 2024
The new members of the Fiscal Council are Viljar Arakas and Robert Kitt
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28. September 2023
The government will start to improve the fiscal position under less demanding fiscal rules
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22. September 2023
Peter Lõhmus starts work as Chair of the Fiscal Council, Karin Jõeveer is a new member
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07. September 2023
The outlook for the state finances remains challenging
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16. August 2023
Chair of the Fiscal Council Raul Eamets resigns
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28. April 2023
The goal set by the government of reducing the budget deficit is appropriate
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21. April 2023
Reducing the budget deficit is warranted
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16. March 2023
The Chair of the Fiscal Council is standing to become Rector of the University of Tartu
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27. September 2022
The Fiscal Council finds the government should start to reduce the budget deficit from 2024
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06. September 2022
The Fiscal Council does not endorse the summer economic forecast of the Ministry of Finance
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28. April 2022
The state debt will double over the next five years
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20. April 2022
The spring economic forecast of the Ministry of Finance is appropriate for planning the next steps for the state finances
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01. March 2022
The Fiscal Council paper discusses the revisions to the data for Estonia on the structural budget balance, the output gap and the budget balance
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24. September 2021
The state budget should be prepared on the assumption of slower economic growth
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28. June 2021
The Fiscal Council has assessed the macroeconomic impact analysis of the RRF
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26. May 2021
The Fiscal Council has written its report on its activities from 2020
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29. April 2021
Budget deficits in the coming years should not exceed 3% of GDP
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22. April 2021
The budget deficit in 2020 was extraordinarily large and the state debt doubled
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16. April 2021
The fiscal rules should be followed from 2022
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01. October 2020
The large fiscal deficit should remain a crisis measure only
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21. September 2020
Fiscal discipline needs to be restored after the crisis
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28. July 2020
Fiscal Council paper discusses revision of the fiscal rules and their adequacy for Estonia
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22. May 2020
The Fiscal Council has written its report on its activities from 2019
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30. April 2020
The government did not meet its budget targets for 2019
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15. April 2020
Recovery from the crisis could take longer than forecast
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07. November 2019
Difficult times call for a wise fiscal policy
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26. September 2019
The general government fiscal position needs to be improved
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20. June 2019
Frequent changes to the fiscal rules harm the credibility of Estonian fiscal policy and the economy
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23. May 2019
The Fiscal Council has written its report on its activities from 2018
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22. May 2019
If you must hurry then do so slowly
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18. April 2019
The general government fiscal position needs to be improved
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11. April 2019
The general government recorded a large deficit in 2018
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28. March 2019
The Fiscal Council of Estonia will continue with the same membership
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24. September 2018
The government should set the target of a small structural surplus
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26. April 2018
The measures planned by the government are not sufficient to bring the budget into balance
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16. April 2018
The Fiscal Council has written its report on its activities from 2017
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16. February 2018
The Fiscal Council and the Ministry of Finance have signed a cooperation agreement
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27. September 2017
Rapid economic growth demands a budget surplus
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25. July 2017
The general government budget for 2016 is in nominal and structural surplus
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08. June 2017
The new look of Estonian fiscal policy
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10. May 2017
Now is not the time to be putting the state budget in deficit
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10. May 2017
The Fiscal Council has written its report on its activities from 2016
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28. April 2017
Despite the reliable economic forecast, the planned budget policy is not in accordance with the law
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09. November 2016
We should pick the apples that are within reach
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29. September 2016
Despite slower economic growth, tax receipts remain good
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21. July 2016
General government budget for 2015 was in nominal and structural surplus
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28. April 2016
The government should set a target of a small structural fiscal surplus
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26. April 2016
The Fiscal Council presented its report on its activities from 2015
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19. April 2016
Forecasts for tax revenues are based on optimistic assumptions
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13. November 2015
Let's not be overoptimistic about the state of the economy
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06. October 2015
A formal network of EU independent fiscal institutions has been established
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29. September 2015
The budget should aim for a surplus in the years ahead
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31. July 2015
General government budget position better than expected in 2014
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20. May 2015
Goals of the government’s budget policy are in line with the principles of sustainable state finances
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07. May 2015
We should not tempt the government to break the law
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06. May 2015
The Fiscal Council presented its report on its activities from 2014
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05. May 2015
Economic forecast indicates need for balanced budget
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19. March 2015
We need to remember the old saying about borrowed bread
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20. November 2014
Half-truths are being said about the budget balance
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16. October 2014
Temptations of a Pre-Election State Budget
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15. September 2014
The government may be overestimating the structural fiscal surplus
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24. July 2014
The structural budget position of the general government for 2013 meets expectations
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14. May 2014
The Supervisory Board of Eesti Pank approved the list of members of the Fiscal Council
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09. April 2014
The Supervisory Board of Eesti Pank confirmed the statute of the Fiscal Council
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