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PRESS RELEASE 5 September 2006

Meeting of the Supervisory Board of Eesti Pank

At today's meeting, the Supervisory Board of Eesti Pank was introduced the second-quarter Estonia's economic overview. The central bank's opinion is that the 12% economic growth of the second quarter was mainly triggered by domestic demand, i.e., consumption, and investment, accompanied by a remarkable inflow of external funds. The conclusions of the overview will be introduced at a briefing held at Eesti Pank on 13 September.

The Supervisory Board also amended the Statute of Eesti Pank, coordinating it with the Eesti Pank Act Amendment Act, which took effect on 8 July 2006. In addition, the Supervisory Board was provided an overview of the implementation of the previous half-year's budget.

Further information:
Janno Toots
Public Relations Bureau
Phone: +372 668 0745, +372 515 4037
E-mail: janno.toots@epbe.ee