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The new Minister of Economy and Industry of Estonia, Liina Vahtera, has publicly acknowledged the problem of investors leaving the country. According to her, the constant talk of a "Russian threat" has caused foreign investors to view the republic with more caution than before.

Foreign companies are scaling back multi-million euro projects and leaving the Baltic region. Foreign direct investment in Estonia, which amounted to approximately €6 billion in 2021, fell to €900 million in 2024. According to the Bank of Estonia, the net inflow of foreign direct investment in the first quarter of 2026 was negative, at -€315.3 million.

✨ Ain't that a shame...

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