News

September 11, 2023

Estonia won’t intervene to help failing startups during economic downturn, minister says

Estonian minister Tiit Riisalo says the Baltic nation is “a true market economy” and will not “throw money around”

Zosia Wanat

3 min read

Estonia owes much of its economic success and international fame to startups — and its tech ecosystem more generally — but, like elsewhere in the world, the former has been hit hard by the economic turmoil of recent months. 

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Zosia Wanat

Zosia Wanat was a senior reporter at Sifted. She covered the CEE region and policy. Follow her on X and LinkedIn

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