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Estonia's international realignment toward the West has been accompanied by a general deterioration in relations with Russia, most recently demonstrated by the controversy surrounding relocation of the Bronze Soldier WWII memorial in Tallinn. [1] Estonia has become an increasingly strong supporter of deepening European integration.
The Estonian Independence Party (Estonian: Eesti Iseseisvuspartei, EIP) was a far-right nationalist political party in Estonia. The small party, founded in 1999, never had any significant success in the elections, and it was dissolved in 2022. One of the principal aims of the party was the withdrawal of Estonia from the European Union.
Estonia, [b] officially the Republic of Estonia, [c] is a country by the Baltic Sea in Northern Europe. [ d ] It is bordered to the north by the Gulf of Finland across from Finland , to the west by the sea across from Sweden , to the south by Latvia , and to the east by Russia .
Estonia's parliament has approved a proposal allowing the use of frozen Russian assets to pay compensation for war damage in Ukraine. Last week European Union ambassadors agreed to use windfall ...
Membership of the European Union was one of the main objectives of Estonian foreign policy since independence in 1991. Estonia was invited to begin negotiations to join the EU in 1997 and was formally invited to join at a summit in Copenhagen in December 2002. [ 1 ]
Estonia declared independence in 1991 as the Republic of Estonia on the basis of continuity of the constitution prior to 1938, putting into motion the transition from a state socialist economy to a capitalist market economy; in 1992, the public approved a new constitution. On 1 May 2004, Estonia was accepted into the European Union. [1]
The euro area crisis, often also referred to as the eurozone crisis, European debt crisis or European sovereign debt crisis, was a multi-year debt and financial crisis that took place in the European Union (EU) from 2009 until the mid to late 2010s.
In January 2023, Estonian Foreign Ministry spokesman Mihkel Tamm announced Estonia's intention to seize $21.4 million in Russian assets in Estonia and deliver it to Ukraine. Estonia is working with European Commission on plans to seize Russian assets frozen in the European Union which are estimated to be in the hundreds of billions of dollars. [11]