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Estonia will support getting started with entrepreneurship


The county town of Valga on the Estonian-Latvian border held an entrepreneurship seminar on Monday.

The Prime Minister Juri Ratas emphasized that entrepreneurship is the engine of the state’s development and the government must support getting started with business as well as the growth of existing companies.

He said that the development of entrepreneurship is very important for the economy and bringing economic growth to all people of Estonia.

Juri Ratas said that the government has resolved to decrease the rate of the excise duty on electricity for businesses with a higher energy intensity approximately nine-fold and implement an excise duty rate reduced by approximately six-fold for companies with intensive gas consumption.

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