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Excessive Deficit Procedure (EDP)

Basic page
Article 104 of The Treaty establishing the European Community comprises a commitment for the EU Member States to avoid excessive budgetary deficits. In particular, Member States shall comply with budgetary discipline by respecting two criteria defined in the Annex to the Treaty, the Protocol no 20 on the excessive deficit procedure. The reference values not to be exceeded are: 3% for the ratio of the public deficit to the GDP at market prices 60% for the ratio of the public debt to the GDP at market prices Article 104 also sets out a procedure, known as Excessive Deficit Procedure, to be

The stable growth in retail sales continued also in the last month of the year

Date 30.01.2015
Article
According to Statistics Estonia, in December 2014 compared to December 2013, the retail sales of goods of retail trade enterprises increased 6% at constant prices. Since August, the retail sales growth has remained within a stable of 5–6% compared to the same month of the previous year.

Financial statistics of enterprises

Area
What economic activities have the largest turnover? Who invests the most? Financial statistics of enterprises help to assess how enterprises and the economy are doing in Estonia. Progressive enterprises increase productivity and break into international markets. They can offer more jobs and pay a more competitive salary. This has a positive impact primarily on working-age population in the areas where the successful enterprises operate, as well on the Estonian economy as a whole. Statistics Estonia publishes financial statistics of Estonian enterprises by year and quarter, economic activity

Environmental protection funding

Area
Environmental measures implemented by the state support the development of environmentally friendly consumption and production habits. Statistics on environmental protection funding provide information on environmental protection expenditures, environmental subsidies, as well as on environmental taxes paid. They include information, such as how much is spent on environmental protection and how large are investments; how much manufacturing enterprises invest in environmental protection and who are the biggest investors; how large is the environmental tax revenue from enterprises and households

The growth in retail sales accelerated to some extent in June

Date 31.07.2014
Article
According to Statistics Estonia, in June 2014 compared to June of the previous year, the retail sales of goods of retail trade enterprises increased 7% at constant prices. While in May retail sales increased 4% compared to the same month of the previous year, then in June the retail sales growth accelerated to some extent.

In December, the growth in retail sales accelerated

Date 29.01.2016
Article
According to Statistics Estonia, in December 2015 compared to December 2014, the retail sales of goods of retail trade enterprises increased 10% at constant prices. While in November, the retail sales increased 6% compared to the same month of the previous year, in December the retail sales growth accelerated.

Industrial production increased in a third of manufacturing activities

Date 31.07.2020
Article
According to Statistics Estonia, in June 2020, the production of industrial enterprises decreased by 6% compared to June 2019. Production decreased in manufacturing and mining, while energy production increased owing to last year’s low comparison basis.