RSS Feed     Twitter     Facebook

Posts Tagged ‘Estonia’

Estonia prepares to adopt euro

A currency changing cow is helping to mark Estonia’s historic New Year entry into the euro zone.

Installed in the capital Tallinn, the robotic beast allows people to change their money at an advantageous exchange rate.

U.S.-NATO plan to defend Baltics from Russia

The US and NATO have drawn up plans to defend NATO’s Baltic members against Russia, latest US diplomatic cables disclosed by Wikileaks show, BBC reports.
The cables, published in the Guardian, reveal plans to expand an existing strategy to defend Poland to include Estonia, Latvia and Lithuania.

President: Infrastructure, new jobs priority

President Boris Tadić said in Estonia that his political priorities included modernizing Serbia’s infrastructure and creating new jobs. He also said that another goal of his is to put an end to historic conflicts in the region.

President meets with Estonian officials

President Boris Tadić ended his two-day official visit to Estonia by meeting with Estonian Prime Minister Andrus Ansip. Premier Ansip informed President Tadić about the concept of electronic management that the Estonian administration is using, which has been introduced under a slogan “Computers may not be bribed.”

President to visit Estonia

President Boris Tadić would be paying an official visit to Estonia on Monday and Tuesday, the president’s office said in a press release. During the stay, Tadić would meet with Estonian President Toomas Hendrik, Prime Minister Andrus Ansip and the President of Riigikogu, the country’s parliament, Ene Ergma.

Serbia 13th in FIFA world rankings

With 969 points Serbia holds position 13 in world rankings of the International Federation of Association Football ( FIFA). FIFA announced this Wednesday Zurich, Switzerland, that among the rivals of Serbia’s White Eagles in the qualification Group C for the European Championship 2012 in Poland and Ukraine, Italy is ranked 11th, Northern Ireland 59th, Estonia is 94th, whereas the lowest-ranked is the Faroe Islands at 118.

Serbia 13th in FIFA world rankings

With 969 points Serbia holds position 13 in world rankings of the International Federation of Association Football ( FIFA). FIFA announced this Wednesday Zurich, Switzerland, that among the rivals of Serbia’s White Eagles in the qualification Group C for the European Championship 2012 in Poland and Ukraine, Italy is ranked 11th, Northern Ireland 59th, Estonia is 94th, whereas the lowest-ranked is the Faroe Islands at 118.

EC: Estonia fit to adopt euro

Estonia is set to adopt the euro and plans to replace its currency, the kroon, on January 1, 2011. The move would make the Baltic country the 17th eurozone member.

Long euros

Estonia gets a step closer to adopting the single currency

SURPRISES are Estonia’s stock in trade. Its return to the world map in 1991 after a 51-year absence startled outsiders. So did what came next: a fast-growing economy, based on flat taxes, free trade and a currency board. It confounded pessimists’ expectations by joining the European Union (in 2004) and NATO (in 2004). Now the country of 1.4m people is set to pull off another coup, gaining green lights from the European Commission and the European Central Bank for its bid to adopt the euro on January 1st 2011.

Many thought that highly unlikely. Only two years ago a property bubble collapsed, rocking the banking system and sending GDP plunging by 14.1% in 2009 (see story). Doom-mongers said devaluation was inevitable. But they were wrong. Flexible wages and prices have helped the economy stabilise: unit labour costs fell by 7.5% in the final quarter of 2009. Exports were up by a sixth in the first quarter of 2010 and the central bank forecasts growth this year of 1%. Estonia easily meets the euro zone’s rules on public finances. Its gross debt in 2009 was only 7.2% of GDP, and the government deficit is 1.7%. The only real concern is whether inflation will stay low: in the past 12 months the average was negative, at -0.7% comfortably below the 1% target. But the ECB report called for “continued vigilance” on that. …

Slovenia invited to join OECD

Slovenia received an official invitation to join the Organization for Economic Cooperation and Development (OECD) today.
OECD Secretary General Angel Gurria said on the occasion that Slovenia would, alongside Estonia, Israel and Chile, “contribute to more plurality and openness of the OECD, which played an increasing role in the world economy”.

FM: Estonia supports Serbia’s EU integration

Estonia will continue to support Serbia’s endeavors for integration in the European Union, Foreign Minister Vuk Jeremić said on Tuesday. There is also full agreement between Belgrade and Talinn regarding EU integration of the entire Western Balkans, Jeremić said during his visit to Estonia.

Foreign minister to visit Estonia

Serbian Foreign Minister Vuk Jeremić will stay on a one-day visit to Estonia on Tuesday. There he will meet with Estonian top officials, the Serbian Foreign Ministry stated.

Serbia in Group C of Euro qualifiers

Serbia’s national football squad has been drawn to Group C of the UEFA European Championship 2012 qualifiers. Serbia will play against Italy, Slovenia, Northern Ireland, Estonia and Faroe Islands.

Border controls

Thanks to Poland, the alliance will defend the Baltics

IN A crunch, would NATO stand by its weakest members—the Baltic states of Estonia, Latvia and Lithuania? After five years of dithering , the answer now seems to be yes, with a decision in principle by the alliance to develop formal contingency plans to defend them.

The shift comes after hard-fought negotiations, in which, at American insistence, Germany and other countries dropped their opposition. …

A supermarket in Estonia

The best sort of eastward expansion

FOOD in Europe’s ex-communist countries has an undeservedly bad reputation: stodgy peasant fare ruined by the culinary commissars of the planned economy. Your columnist has long disagreed, but proof is needed. So, on a recent visit to a supermarket in Tallinn, Estonia’s capital, he set out to construct a winter picnic entirely from local ingredients.

The basis was easy: black bread, pungent and tasty. It makes loaves from the west and south of Europe seem bland and boring. So into the shopping basket went four or five different varieties, with different features: seeds, rye, crunchy and chewy by turns. …

The beginning of the end

Looking back at the era of a cold warrior

“MR GORBACHEV, tear down this wall”. Ronald Reagan’s stirring speech at the Berlin Wall on June 12th 1987 was not the death blow to communism, but it did highlight the West’s renewed confidence in demanding what had previously been impossible. Though the president’s advisers egged him on, American diplomats were horrified at what they felt was provocative behaviour: they saw their job as managing relations with communism, not trying to overturn it.

Those glory days were the subject of a day-long conference at the Ronald Reagan Presidential Library in Simi Valley California on November 6th. A motley collection of heroes from east and west (with your columnist tagging along as a moderator) gathered to discuss the great communicator’s role in the collapse of communism and what his approach could still offer today. Nancy Reagan, frail but immaculate, presided. Margaret Thatcher and Mikhail Gorbachev sent messages of congratulation. Freedom fighters such as Mart Laar from Estonia, Leszek Balcerowicz from Poland and Vaclav Klaus of the Czech Republic recalled how Reagan’s approach had inspired them and demoralised their captors. …

Hackers Charged in RBS WorldPay Breach

Federal prosecutors announced indictments against eight people in connection with the theft of more than $9 million from ATMs around the world.
– A

U.S.
grand
jury has indicted eight people in connection with the theft of more than $9
million from over 2,100 ATMs in at least 280 cities around the world.
The indictment accuses
Viktor Pleshchuk, 28, of

St. Petersburg, Russia;
Sergei Tsurikov, 25, of

Tallinn,
Estonia; Oleg Covel…


House proud?

Property prices are still crumbling in most countries, but there are some reasons for cheer

THE global economic crisis was accompanied by a collapse in house prices in most rich (and some not-so-rich) countries around the world. The IMF has compared house prices in the first quarter of this year with their level a year ago in 52 rich and emerging housing markets. It found a median house-price decline of 7%. The figures drive home just how savage the falls in house prices have been in many countries.

America’s housing bust may be close to the global average but the declines in some countries are mind-boggling. Latvia, with a wrecked economy propped up by emergency IMF funding, saw an annual decline in house prices of nearly 60% to the end of the first quarter. During that period Estonia and the United Arab Emirates also saw collapses of nearly 40%. In Britain they fell around 20%. …

Virtual shield

By Mark Cieslak
BBC Click

The risk to government networks and major financial institutions from cyber warfare is increasing every day but what is being done to defend national borders

Globe

Estonia is an online savvy state and champion of so called ‘e-government,’ a paperless system with many government services online. The population can even vote via the web.

In 2007 a large number of Estonian government and financial websites were brought to a standstill as they came under sustained online attack.

On 4 July 2009, US and South Korean government websites and those of certain banks and businesses ground to a halt as they came under denial of service assaults. In the United States, the Pentagon and the White House were also targeted.

These cyber attacks were all initially thought to be orchestrated by countries unfriendly to Estonia, South Korea and the US and to date have been the highest profile examples of so-called cyber warfare.

Digital battlefield

Conventional warfare relies on tanks, troops, artillery, aircraft and a whole gamut of weapons systems. Cyber warfare requires a computer and an internet connection.

Professor Sommer

Rather than sending in the marines, the act of typing a command on a keyboard can have a devastating effect on computer systems and networks.

According to Clive Room of Portcullis Computer Security: "It is possible to bring an entire state to a standstill theoretically and we’ve seen it done on a small scale practically, so the threat ahead of us is very big indeed."

From criminal gangs trying to steal cash, to foreign intelligence services trying to steal secrets, the threat of cyber warfare is now very real.

Nato suspects that along with the tanks and troops involved in the conflict in Georgia in 2008, Russian forces also engaged in cyber attacks against Georgian government computer systems.

Professor Peter Sommer of the London School of Economics explained that cyber warfare should just be seen as a part of modern warfare in general:

"[Carl Von] Clausewitz said war is diplomacy conducted by other means. What cyber warfare gives you is a whole range of new types of technologies which you can apply."

Zombie machines

These international attacks are not isolated instances. Everyday government and corporate websites fend off thousands of attempts to infiltrate hack and cause disruption.

Twitter, Facebook and other high-profile sites have recently been brought to their knees by similar attacks.

The popular weapon of choice in cyber warfare is the directed denial of service attack or DDOS. Unknown to their owners, infected computers become zombie machines digitally press-ganged to do the bidding of hackers, this is known as a botnet.

"My experience of doing investigations of all sizes is that very often the initial diagnosis is wrong"

Professor Sommer, London School of Economics

In their thousands these zombie machines attempt to log on to a particular website, forcing it to fail or collapse under the sheer weight of data it is receiving.

The threat of cyber warfare is being taken seriously by Western governments and Nato. Online assets are being deployed to bolster national and international digital defences.

NATO has set up a cyber defence facility in Estonia codenamed K5. The American government has launched a national cyber security strategy and the UK has responded by creating two organisations, the Office of Cyber Security and the Cyber Security Operations Centre based at GCHQ in Cheltenham.

However the amount of people involved is still small, said Clive Room.

"The government’s own reckoning is about 40. About 20 people within each of those two offices."

In comparison he estimates that there are about 40,000 people "listening in to us in China" and "working round the clock."

For Professor Sommer, the UK has had a response to cyber warfare in place for 10 years, but "it’s been pretty hidden so far."

"You tended to get to know about it if you were an academic or you moved in certain sort of technical circles," he said.

"More recently because the problems got bigger and because of greater public alarm and interest they have decided to make it more public."

Misdiagnosis

If defending against cyber warfare is tough, trying to pin point, track back and identify the origin of an online attack can be a near impossible task.

Computer mouse and keyboard

In the case of the Estonian attacks, initial reports suggested that Russia was to blame. These allegations have been strongly denied by Russian authorities, and to date only one individual, an ethnic Russian student living in Estonia, has been fined as a result of the attacks.

For Professor Sommer, misdiagnosis is easy: "All too quickly people say they know where the attack is coming from."

"My experience of doing investigations of all sizes is that very often the initial diagnosis is wrong."

"If you look at the recent Korean attacks it seems, at a political level, a reasonable supposition that it originated in North Korea because they’re the people that are most active at the moment.

"On the other hand, some of the reports say at a technical level they seem to have originated here in the United Kingdom, which makes no sense. So diagnosis is quite difficult."

However, one thing is certain: cyber warfare is here to stay.


This article is from the BBC News website. © British Broadcasting Corporation, The BBC is not responsible for the content of external internet sites.

Europe’s net refuseniks revealed

Ethernet cable

One third of Europeans have never used the net, according to an EU report.

The study, which examined the region’s digital landscape over the last five years, also revealed that more than one in four Europeans had never used a PC.

More than one in three of the digital refuseniks said they did not see the need for a connection while nearly one quarter said they could not afford it.

People above the age of 65 and the unemployed were the least active online, it said.

However, the study also revealed that in 2008 56% of Europeans had become regular internet users, up one third since 2004.

More than 80% of those now have a high-speed internet connection, compared to one third in 2004. Most of these had download speeds greater than 2 megabits per second (Mbps) it showed.

Countries such as Latvia and Estonia lead the web 2.0 charge with higher proportions of their populations uploading home made digital content to web sites than in any of the other 25 states in the survey.

Young people across the European Union have led the charge on to the net, it revealed.

Nearly 70% of people under the age of 24 use the internet every day, compared to the EU average of 43%.

But this same group is reluctant to pay to download or use online content, such as music or video, with 33% saying that they would not pay anything at all.

"These young people are intensive internet users and are also highly demanding consumers," said Viviane Reding, EU Commissioner for Information Society and Media.

"To release the economic potential of these ‘digital natives’, we must make access to digital content an easy and fair game."


This article is from the BBC News website. © British Broadcasting Corporation, The BBC is not responsible for the content of external internet sites.