Contents tagged with Estonia
-
Swedish Swedbank suspected of laundering billions of euros including from Russia
Swedish Swedbank is suspected of systematic money laundering, which lasted for about a decade, and was associated with the Baltic branches of Danske Bank, reports Delfi news portal with reference to the Swedish broadcasting corporation (SVT).
According to the "Uppdrag Granskning" program, the cash flow between Swedbank and the Baltic branches of Danske Bank was at least 40 billion Swedish krona (5.8 billion euros). Among them, there are transfers from companies that became known due to large …
-
EU investigates laundering of Russian money through Danske Bank
The European Banking Authority (EBA) has opened an investigation into the laundering of Russian money through Danske Bank with respect to the supervisory bodies in Denmark and Estonia.
The EBA will examine whether the Danish and Estonian financial services authorities fulfilled their obligations according to EU legislation.
In June 2018, the Estonian prosecution office initiated a criminal investigation against the Estonian branch of Danske Bank, which is believed to have participated in the …
-
Finland, Estonia, and Latvia agree to establish regional gas market
The Estonian state-owned company Elering AS, which operates electrical and gas networks, stated that an agreement was signed with the energy companies of Finland and Latvia to the establishment of a Finnish-Estonian-Latvian gas market beginning 2020, Interfax-Ukraine reports.
It is noted that this agreement allows for a single gas tariff for gas transit between these countries and eliminates cross-border charges which means that next year gas will flow between Finland, Estonia, and Latvia at …
-
Estonian ex-army officer and his father convicted of spying for Russia
The former Estonian Defense Forces (Armed Forces) officer and his father were convicted on charges of espionage for Russia in Estonia. The court found them guilty of high treason, reports Radio Liberty.
Tallinn court has established that the 38-year-old Deniss Metsavas, a former major of the Estonian army, and his father, 65-year-old Pjotr Volin, were selling classified information to the Russian military intelligence, known as the GRU.
According to the Estonian State Prosecutor’s Office, the …
-
Estonia to install radar towers with cameras on border with Russia
RIA Novosti reported, with reference to the press service of the Police and Border Guard Board of Estonia, that Estonia will install three radar towers with cameras on the border with Russia along the Narva River.
As noted by the head of the Bureau of the Estonian integrated border guard department Egert Belichev, it will make possible accurate overview of what is happening on the border water in a radius of 16 kilometers.
“Modern surveillance capabilities will also allow to quickly direct …
-
Estonia demands compensation from Russia for occupation by the USSR
Estonia has reminded Russia of the times of Soviet occupation once again and pointed to the violation of the Tartu peace treaty from 1920. Estonian Minister of Justice Urmas Reinsalu claimed that the USSR violated the treaty on Estonia’s independence and that Russia must be held accountable for it.
According to him, Russia is the successor of the USSR and should pay damages to Estonia in accordance with international law.
“The Soviet Union occupied Estonia, violating the Treaty of Tartu, …
-
Contingent of Belgian armed forces arrives in Estonia
A contingent of the Belgian Armed Forces arrived in Estonia, err.ee reports. The Belgian have joined the British-led NATO battle group stationed in Tapa. They will stay in Estonia for four months replacing a Danish contingent that rotated out in 2018.
The Belgian units arrived in three convoys of 100 vehicles in total. The core of the contingent is made up of troops from Belgium's historical Chasseurs Ardennais battalion. The unit has approximately 300 personnel along with some 100 units of …
-
Estonian army to buy American machine guns
Estonia will become the second country after New Zealand to use automatic weapons produced by the American company Lewis as the primary firearm of its armed forces. The first batch will cost €22 million, but the contract also envisages further purchases, the news outlet Err.ee reports.
Although until now, the Estonian Defense Forces and Estonian Defense League (Kaitseliit in Estonian) have primarily used Israeli Galil automatic rifles and Swedish AK-4s, in the coming years they will switch to …
-
UK to strengthen its military presence in Estonia
In 2019, Great Britain will strengthen its military presence in the Baltic States. 20 tanks will be deployed to Estonia, and the Royal Navy will conduct exercises in the Baltic Sea, reports ERR news agency, citing Gary Brooks, the British military attaché in Estonia.
The UK will hold a rotation of British troops in Estonia in 2019. 10 tanks will be sent to Great Britain, and they will be replaced by 20 armored vehicles. From April to August, British fighter jets Eurofighter Typhoon will be …
-
Estonian Parliament adopts declaration in support of Ukraine after Russia’s attack in Kerch Strait
On Monday, December 3, the Estonian Parliament adopted a declaration to support Ukraine after Russia’s direct aggression in the Kerch Strait. As reported on the website of the Estonian Parliament, 79 deputies voted in favor of “In support of sovereignty and territorial integrity of Ukraine due to aggression in the Kerch Strait.”
In the adopted declaration, the Estonian Parliament expressed its support for Ukraine and the country's right to protect its territorial integrity and sovereignty. …