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IV International Martial Arts Games to Bring More Than 2000 Competitors to Estonia

The IV International Martial Arts Games are being organised at the Estonian Fair Centre in Tallinn from 23-27 February 2011 by the Estonian Taekwon-do Association. More than 1000 participants from 40 countries have already registered for the event, which will showcase 17 different martial arts.

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Estonia banks reveal profits

Estonia’s banks earned a total of 70.5 million euros in net profits last year, according to new figures.
ERR reports that during the last three months of the 2010, the reported 23.4 million euros in profit.


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Most ethnic Estonians glad to be back in the western club


“The UFO that appeared above Tallinn on New Year’s Eve surely helped convince any doubters that 2011 would be a special year for Estonia.

When dawn broke on January 1st, the shining disk and its “alien” pilot may have disappeared from the crane that suspended them over Tallinn, but it was still a changed city – it was now a European Capital of Culture and the euro was its currency.”

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Investors Heading to Estonia on Euro, OECD Entry, Official Says

Estonia’s accession to the euro region and the Organization for Economic Cooperation and Development has attracted a wave of foreign-investor interest, a government official said.

The national business promotion agency EAS is working with potential investors on 112 projects, compared with about 50 projects a year earlier, Krister Kalda, the head of EAS’s investment and trade development unit, said in an e-mailed response to questions today.

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