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Excessive Deficit Procedure (EDP)

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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

In July the growth in retail sales continued

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According to Statistics Estonia, in July 2015 compared to July of the previous year, the retail sales of goods of retail trade enterprises increased 9% at constant prices.

The growth in retail sales accelerated to some extent in June

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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.

The census project will be run by Svetlana Raudonen

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On 6 January, Svetlana Raudonen, a top-level expert with international experience, will start working as the project manager for the Population and Housing Census at Statistics Estonia.

Less than half of enterprises submitted EKOMAR in time

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This year, for the first time, Statistics Estonia distributed the deadlines of the EKOMAR questionnaire over a longer period and, depending on the economic activity of the enterprise, the deadline fell in the period of 1–8 July. Out of the 8,000 enterprises that were to submit the questionnaire, 44% submitted EKOMAR in time.

Statistics Estonia’s planned mobility analysis will not be based on real-time data

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The preparation of analytical output using anonymous data from electronic communications, with the purpose to prevent the spread of the coronavirus (COVID-19), which was assigned to Statistics Estonia by the order of the crisis commission of the Government of the Republic, will not be based on real-time data. There is no plan and it is not possible to use the data to analyse the movement of individuals.

The share of compulsory expenditure in the household budget remains unchanged

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According to Statistics Estonia, in 2016, a household member spent an average of 408 euros per month, which is 13 euros more than in 2015. Compulsory expenditure, i.e. unavoidable food and dwelling expenses, accounted for 40% of the household budget, remaining at the level of the previous year.