The combined military spending of NATO members is 18 times that of Russia, with a massive advantage in all types of weaponry. Being this afraid in a situation like that seems a peculiar way of doing the right thing, Raul Rebane notes in Vikerraadio’s daily comment. Full-scale war has been raging for over two years in Ukraine, and fatigue is clearly setting in.

In their election manifestos for the European Parliament, the political parties have paid a lot of attention to environmental issues; there is talk of steps towards climate neutrality, but also of issues that directly affect Estonian entrepreneurs and rural life. The Reform Party’s program links the environment with security. According to candidate Hanah Lahe, the party emphasizes restoring and preserving biodiversity.

An EU sustainability regulation, part of the Green Deal, risks making entrepreneurship almost impossible in the European Union. By aiming to “harmonize” at the EU level the criteria for which economic activity “qualifies as environmentally sustainable”, the regulation in question will make doing business in the EU unnecessarily difficult. Complying with environmental legislation in the European Union, besides being controversial, is already very complicated.

In recent months, the topic of budget deficits has taken center stage in heated debates among economists and politicians, garnering significant attention in the media. In April, the caretaker government proposed a budget with a notable deficit of 6.1% of GDP for 2023. In June, Finance Minister Asen Vasilev proposed a new budget with a negative balance of 3%, which is right at the limit for fiscal stability as set in the Maastricht criteria of the European Commission.