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group of researchers from the Faculty of Science
and Technology
of NOVA University Lisbon | NOVA FCT, in collaboration with the Universidad Nacional de Educación a Distancia (Spain), has announced the discovery of a new species of iguanodontian dinosaur, unknown until now, which inhabited Portugal almost 150 million years ago. This is a remarkable advance in knowledge about the diversity of the dinosaur fauna present in the final part of the Jurassic period.
The Ministry of Finance expects 1.7 percent economic growth in Estonia this year and inflation 5.2 percent, according to the latest economic forecast.
Minister of Finance Jürgen Ligi (Reform) said Estonia's economy has been in better shape than public opinion might suggest. "The bleak despair has not matched the actual situation of people and businesses," he said.
"At the same time, confidence assessments have been disproportionately low, comparable to those during deep crises, even though employment has remained high, and wage and pension growth has been significant in real terms," the minister added.
Ligi said the biggest impacts on the economy have been the disruption of business relations due to war, rapid inflation, price increases, and a decline in export demand, not from tax hikes.
He pointed out that the economic downturn began before taxes were raised, and that the recovery started after those increases.
The budget situation will worsen next year, primarily due to a sharp rise in defense spending from weapons purchases, as well as the decision to forgo some planned tax increases, the forecast said.
Last autumn, the Ministry of Finance projected growth of 3.3 percent for 2025 and 3 percent for next year.
The Ministry now forecasts 5.2 percent inflation for 2025, which will slow to 3.3 percent next year as the impact of taxes decreases and food price increases stabilize

News
Ministry of Finance forecasts 1.7% economic growth
Minister of Finance Jürgen Ligi (Reform) said Estonia's economy has been in better shape than public opinion might suggest. "The bleak despair has not matched the actual situation of people and businesses," he said. "At the same time, confidence assessments have been disproportionately low, comparable to those during deep crises, even though employment has remained high, and wage and pension growth has been significant in real terms," the minister added.
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