The volume of Estonia's stabilization reserve has increased in market value by 15 million euros over 12 months. This was also influenced by the unexpected decision of French President Emmanuel Macron to call early general elections after the results of the European Parliament elections were announced. :format(webp)/nginx/o/2024/07/16/16225311t1h26b3.jpg)
Emmanuel Macron. Photo: Eric TSCHAEN-POOL / SIPA
The volume of Estonia's stabilization reserve has increased in market value by 15 million euros over 12 months. This was also influenced by the unexpected decision of French President Emmanuel Macron to call early general elections after the results of the European Parliament elections were announced.
Translation: Sergey Svetlov
90 percent of the reserve is invested in bonds, of which the lion's share, 61 percent or 272 million euros, is invested in bonds of various European Union governments and about 29 percent in bonds of credit institutions.
