5 national Estonian newspapers published either first-page blank, or a blank page inside the issue, as a protest against a bill drafted by the Ministry of Justice, which allows arrest of journalists for protecting their sources of information. The bill is going to be discussed in the parliament. The bill indicates 50 situations, when a journalist must disclose her sources to the police, prosecutors, or the court. Currently, Estonian Press Code of Ethics obliges journalists to protect their sources.
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Estonian national airline Estonian Air recorded net loss of EUR 49.2mn in 2012, up from net loss of EUR 17.3mn in 2011. Operating loss amounted to EUR 35.8mn in 2012. Revenues of the company ... more
Lithuanian flour manufacturer Malsena announced that it has acquired Latvian flour manufacturer Rigas Dzirnavieks. The company indicates that with the acquisition it will become the largest flour ... more
Estonian national airline Estonian Air announced that it agreed to pay penalties for returning two excess Embraer E190 aircrafts to the manufacturer. The company has started restructuring and ... more