News | Latest Breaking News Stories & Headlines

MIG-31k fighter jet, with Kinzhal missile system, performs during Victory Day in Red Square in Moscow, Russia in 2020

Russia denies its aircraft violated Estonia's airspace

Russia's Defence Ministry denied its aircraft violated Estonia's airspace, after Tallinn reported three fighter jets crossed into its territory yesterday without permission and remained there for 12 minutes.

World • 20 Sep

MOSCOW, RUSSIA - JUNE 24: MIG-31k fighter jet, with Kinzhal missile system, performs during Victory Day in Red Square in Moscow, Russia on June 24, 2020. Victory Day parades, commemorating the 75th anniversary of the victory in World War II, have been pos

Russian violation of Estonian airspace 'reckless' - NATO

NATO member Estonia's airspace was violated by three Russian military jets today, its government said, amid an increasingly tense atmosphere on the alliance's eastern flank.

Ukraine • 19 Sep

Estonia's foreign affairs minister Margus Tsahkna said that 'Russia has clearly tied itself to the shadow fleet'

Estonia attempts to detain one of Russia's 'shadow fleet'

The Estonian navy has attempted to detain a Russia-bound oil tanker under sanction by the UK, saying that it sailed illegally without a flag.

World • 15 May

Estonian soldiers chatting with a local during a training exercise last year in Kadrina, northern Estonia

Conscripts and allies: Estonia's approach to defence

Russia's all-out invasion of Ukraine put Estonia's defence forces into a state of heightened alert. Since then, the government has increased spending on defence and required more young men to complete conscription each year. But the defence of the state rests on NATO's plan to stay and fight too.

Analysis and Comment • 09 Oct 24

Estonia is the first Baltic state to legalise same-sex marriage (stock image)

Estonia votes to legalise same-sex marriage

Estonian MPs have voted to legalise same-sex marriage, the first Baltic state to do so.

World • 20 Jun 23

People cast their vote in a polling station at a shopping centre in Tallinn, Estonia

Estonian PM's Reform Party wins general election

Estonian Prime Minister Kaja Kallas's centre-right Reform Party on Sunday won the general election by a large margin, scoring 31.6% of the vote against 16% for the far-right EKRE, according to near complete results.

World • 05 Mar 23

Estonia's Prime Minister Kaja Kallas has led a coalition government since 2021.

Will Estonia's PM Kaja Kallas win re-election?

Estonians go to the polls on 5 March to vote in their country's parliamentary election after a campaign dominated by the cost-of-living crisis and Russia's war in Ukraine.

Europe • 05 Mar 23

Denmark's largest bank has been dogged by a money laundering scandal in its now shuttered Estonia branch since 2018

Danske Bank Q1 profit misses estimates, keeps guidance

Danske Bank has today reported lower than expected first-quarter profits, citing higher costs and turbulent financial markets, sending its shares lower today even as it maintained its full-year profit outlook.

Business • 29 Apr 22

The Estonia sank in the Baltic Sea in 1994 killing 852 people

Filmmakers acquitted over filming Estonia ferry wreck

A Swedish court has acquitted two filmmakers charged with violating the sanctity of the wreck of the Estonia ferry.

World • 08 Feb 21

Swedes go on trial for filming Estonia ferry wreck

Two filmmakers have gone on trial in Sweden for violating the sanctity of the wreck of the Estonia ferry.

World • 25 Jan 21

Estonia's financial regulator ordered Dankse Bank to leave after it admitted that €200 billion in suspicious payments had been made via its Tallinn branch

Danske Bank loan sale calls time on scandal-hit Estonia

Danske Bank has agreed to sell its remaining Estonian portfolio to local bank LHV, marking an end to a unit that was at the centre of one of Europe's biggest ever money laundering scandals.

Business • 08 Jun 20

Danske Bank beats Q4 net profit expectations

Danske Bank has today beaten fourth-quarter net profit forecasts and said it expects to earn a net profit between 8 to 10 billion Danish crowns ($1.18-1.48 billion) in 2020.

Business • 05 Feb 20

Danske Bank is under investigation over suspicious payments totalling €200 billion moved through its Estonian branch between 2007-2015

Former Danske Bank Estonian chief found dead by police

A former head of Danske Bank's Estonian branch, which is at the centre of inquiries into the world's largest money laundering scandal, was found dead today.

Business • 25 Sep 19

Danske Bank said its second quarter pre-tax profits fell to 4.76 billion Danish crowns from 5.49 billion the previous year

Danske Bank Q2 pre-tax profit hit by costs, low rates

Danske Bank's second-quarter pre-tax profit came in below expectations today, hit by low interest rates and higher costs associated with compliance following a money-laundering scandal at its Estonian branch.

Business • 18 Jul 19

Led by former MEP Kaja Kallas, Reform won 28.8% of the vote

Estonian centre-right opposition wins elections

Estonia's opposition centre-right Reform party pulled off a surprise win over Prime Minister Juri Ratas' governing centre-left Centre party in yesterday's parliamentary elections.

World • 04 Mar 19

Estonia's FSA has given Danske 20 days to submit an action plan for closing the branch

Danske Bank's Estonian branch closed over scandal

Estonia's banking watchdog FSA said today it has ordered Denmark's largest lender Danske Bank to close its local branch within eight months, following a money laundering scandal.

Business • 19 Feb 19

Authorities in Denmark, Estonia, Britain and the US are investigating payments of €200 billion made through the Danish bank's tiny Estonian branch between 2007-2015

Estonia makes arrests over Danske money laundering

Estonia has made the first arrests in a money laundering scandal involving Denmark's Danske Bank, detaining 10 former employees at the bank's Estonian branch, the state prosecutor said today.

Business • 19 Dec 18

Danske Bank's quartely results were dented by a 1.5 billion crown 'donation'

Danske Bank's third-quarter pretax profit slumps 42%

Danske Bank's pretax profit dropped 42% year on year in the third quarter to 3.59 billion Danish crowns ($547m), missing the 3.72 billion that was expected by analysts.

Business • 01 Nov 18

Danske Bank is involved in a €200 billion money laundering scandal in Estonia

Danske Bank behind large share of Estonian payments

Danske Bank, which is involved in a €200 billion money laundering scandal in Estonia, processed a large share of the country's cross-border payments between 2008 and 2015, its central bank said today.

Business • 22 Oct 18

23% of the incoming funds in the Estonian non-resident portfolio, the centre of the scandal, came from Russia, Danske Bank has said

Denmark has not asked for help in Danske case - Russia

Danish and Estonian financial crime agencies have not asked Russia to help investigate a massive money laundering scandal at Danske Bank involving Russian and other account holders.

Business • 10 Oct 18

Danske Bank executed mirror trades in 2013 of between €6 billion and €8.5 billion, the FT reported today

Danske shares slide as investors spooked by US inquiry

Danske Bank's deepening money laundering scandal dragged its shares to a four-year low today as it sought to calm investors about the impact of a US criminal investigation into its Estonian branch.

Business • 05 Oct 18

Danske Bank said today it was co-operating with the US authorities

Danske Bank faces US inquiry over Estonia accounts

Danske Bank faces a criminal investigation by the US Department of Justice over a €200 billion money laundering scandal involving its Estonian branch, increasing long-held investor fears.

Business • 04 Oct 18

Danske Bank has revealed payments totalling €200 billion through its Estonian branch

Danske Bank faces fresh money laundering inquiry

Danske Bank faces a new Danish investigation into alleged money laundering a day after revealing payments totalling €200 billion through its Estonian branch, many of which were suspicious.

Business • 20 Sep 18

Danske Bank's outgoing CEO Thomas Borgen said he regretted that the bank did not live up to its responsibility

Danske Bank CEO resigns over money laundering scandal

Danske Bank's chief executive Thomas Borgen quit today in a money laundering scandal which involved €200 billion flowing through its Estonian branch between 2007 and 2015, most of which was suspicious.

Business • 19 Sep 18

Danske CEO rejected calls to cut back Estonia business

Danske Bank's chief executive rejected calls in 2013 to scale back business at the bank's Estonian branch, the Financial Times has reported.

Business • 14 Sep 18