Positive Estonia - news and economic indicators Tallinn nominated among the Worlds’ Top 7 most intelligent cities (2007)Intelligent Community Forum Announced Smart21 Comminities of the Year, where Tallinn was listed amongst the top 21 communities, which is considered a significant badge of honor (read more)Economic growth in Estonia 11.7% in the IIQ of 2006, being the fastest in in the EU, and twice faster than a year before (Ministry of Finance of EstoniaEstonia was named the world’s freest country according to The 2006 State of World Liberty Index (read more)Economic growth in Estonia 12% in the IQ of 2006, being the highest in Europe (Äripäev 8.6.06)According to Eurostat, Estonia performed the highest growth in retail trade in the IQ of 2006, ranking 17%Estonia Ranked 20th in the IMD World Competitiveness Ranking, outranking even United Kingdom and Germany (11.05.2006)New: Flight route Barcelona-Tallinn was opened by Estonian-AirEstonia to perform the fourth biggest budget surplus in the EU after Denmark, Sweden and Finland, and the smallest public dept in the EU - respectively 1,6% of GDP and 4.8% of GDP(Eurostat, April 2006)Estonian exports up by 28% in February compared to last year, imports up by 25% (Äripäev, February 2006)Estonia received the second-highest credit rating in Eastern Europe The Heritage Foundation´s Index of Economic Freedom places Estonia number 4 in the world, after Hong Kong, Singapore and Luxembourg Estonias economy grew 10% in the second quarter in 2005, exports grew 28.5% during the first half a year, exceeding all previsions and broadcasts Estonia´s government plans to cover Estonia with wireless internet network Estonia remains on track for switching to EURO in 2007 mobile penetration in Estonia grew up to 100 % Estonians can vote via internet in the local elections Kazaa and Skype are both developed by Estonian youngsters Estonia shares the world how e-government works 80% of payments is made via internet in Estonia Estonia has the biggest singing choir in the world Tallinn is the oldest capital in Northern Europe, being put on the world map in the year 1154 Tallinn once hosted the highest building in the world New York Times finds Tallinn the "Party Capital of the World" - for its "full-time party culture" Tallinn hosts the oldest apothecary in EuropeOther.. - There are over 133 000 Estonian folk songs, which is one of the largest number in the world
- IMF prognosticates Estonia GDP growth of 7.9% in 2006 and 7.1% in 2007
- GDP growth of 7.8% in 2004 (average growth of 7.22% since 2000)
- Estonia witnessed GDP growth of 8.4% in 2005
- Estonian exports up by 30% in 2005
- Estonia came fourth in a new EuroHealth Consumer Index (2005)
- Half of Finnish companies vote Estonia the No 1 market in the Baltics
- DHL considers Estonia as its transit centre for express mail to Russia
- Nearly 4 million tourists visited Estonia in 2004, the number is expected to grow
- Tallinn ranked no.1 city in the world by Jones Lang Lasalle (2005)
- Estonia climb two places in IMD competitiveness index in 2005
- Estonia has the most efficient financial market among East European countries, according to the Capital Access Index 2005 from the Milken Institute
- Estonian economy set to grow by 6% a year until 2010 (says Estonian Prime Minister Andrus Ansip)
- In terms of the number of tourists staying at hotel accommodation in Tallinn, Stockholm, Helsinki and Riga, Tallinn takes the no 1 position
- Estonia is ranked 6th wealthiest of developing countries
- Danish Tivoli International has submitted to Tallinn city governments plans for a €64 million amusement park
- Estonia ranked no.4 in Economic Freedom Index in 2005
- Estonia is in first place among the Baltic states in terms of foreign direct investments
- Apartment prices in central Tallinn have skyrocketed by 15 percent in just 4 months
- More than 40 percent of older Finns dream of retirement abroad, possibly Estonia (DNS Gallup Oy)
- Channel 4’s flagship property show A Place In The Sun (Broadcast 5/1/2006) has named the Baltic States as among the best European countries to invest in property
- Transparency International: Estonia 27th position makes it number one in Eastern Europe in in the Annual Corruption Index 2005 (CPI)
- Due to the recent sale of Skype, an Estonian based software company that was bought by eBay for a record $2.5 billion, the New York Times calls Tallinn the new Silicon Valley of the Baltics
- Lithuania ranks 29th in the world in terms of openness to foreign investors, with Latvia being 22nd and Estonia 8th in 2005 (Forbes).
- The European Commission forecasts a 7.2% growth in 2006, being four times the european average
- Europe’s housing market has been booming, with Denmark and Estonia seeing the biggest price hikes, but the eurozone’s rising interest rates could slow the trend across the continent (EuObserver 08.03.06)
- Moody’s assigns a positive outlook to the credit rating of Estonia (A1) and Latvia (A2) (Äripäev as of 9.03.06)
- FitchRatings and Standar & Poor’s has given A+ as rating to Estonia
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