By Agendas: Kalle Laanet

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There are no economic standpoints, apart from the preference for administrative efficiency, which is expressed by removing the name of a specific foundation from the legislation to avoid future amendments. The Foundation for Entrepreneurship and Innovation is referenced purely in the context of legal streamlining.

Economic considerations focus on reducing administrative costs and mitigating financial risks. The discontinuation of the digital ID card was justified by low user interest and subsequent inefficiency compared to Mobile-ID or Smart-ID. Restrictions on e-residency are aimed at protecting Estonia's reputation from the risks of money laundering and terrorist financing.

Economic views are centered on the fallout from the failure of the state-owned enterprise (Nordica) and the pressing need to ensure political accountability and improve the legal framework. The objective is to identify loopholes in the current legislation that permitted the inefficient use of public funds and the resulting financial damage.

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Economic viewpoints emphasized fiscal responsibility and the necessity of quantifying the budgetary impact of legislative changes. The government's position highlighted that an additional day off would result in costs to the state budget and lost revenue in both the public and private sectors.

Demands strict fiscal discipline and transparency in the financing of large infrastructure projects, criticizing the unclear figures presented in the state budget explanatory memorandum. It emphasizes the need to clarify the project’s actual cost, the projected sources of funding, and how the budget deficit issue will be resolved. Concern is expressed that previous decisions failed to take all costs into account.

Economic perspectives generally back a significant national defense spending increase (1.6 billion euros). The focus remains on fiscal responsibility, however, as questions are being raised about how the state can possibly source these extra funds and how society will react to this additional burden.

There is no comprehensive economic viewpoint, but it is mentioned that low state fees and the lack of risk regarding the payment of procedural costs for state institutions encourage people to appeal to the court in administrative cases. This suggests the understanding that financial measures affect the workload of the courts.

The speaker supports entrepreneurial freedom and economic activity, expressing concern about the restrictions placed on legal entities when banks refuse to open accounts for them. At the same time, the enhanced due diligence obligation of financial institutions is acknowledged, in an effort to find a balance between regulation and the freedom of enterprise.