Ott Tammik

Tallinn, United Kingdom

Bloomberg News correspondent, Estonia. Previously PDX, London, Washington DC, Lomita. Musician, king's gambit player. Views my own, retweets not endorsements.

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Articles

ECB Must Be Cautious on Further Interest-Rate Cuts, Muller Says

1 month ago | bloomberg.com | Ott Tammik |Mark Schroers

Madis Muller, deputy governor of Bank of Estonia (Eesti Pank), arrives for dinner during the Jackson Hole economic symposium, sponsored by the Federal Reserve Bank of Kansas City, in Moran, Wyoming, U.S., on Thursday, Aug. 23, 2018. Federal Reserve Chairman Jerome Powells debut address to the Wyoming gathering of central bankers this week will do little to shake financial markets if history is any guide.
Russia Sends Jet as Estonia Tries to Halt Shadow Oil Tanker

1 month ago | bloomberg.com | Ott Tammik |Andrea Palasciano

A Russian Sukhoi Su-57 fifth-generation fighter aircraft. Photographer: Idrees Mohammed/AFP/Getty Images(Bloomberg) -- Russia deployed a fighter jet in NATO airspace this week after Estonia tried to inspect a so-called shadow fleet tanker passing the EU-member’s economic area, Estonia’s Foreign Minister Margus Tsahkna said.
NATO War Games Aim to Reassure Russia's Neighbors

1 month ago | bloomberg.com | Ott Tammik

Welcome to the weekend issue of Brussels Edition, Bloomberg’s daily briefing on what matters most in the heart of the European Union. Join us on Saturdays for deeper dives from our bureaus across Europe. TALLINN — In late April, the 193-meter Hartland Point cargo vessel pulled into a harbor in northern Estonia after a 48-hour journey, disgorging equipment for hundreds of soldiers from the British Army’s Yorkshire-based combat brigade nicknamed the Black Rats.
Estonia May Send Troops to Ukraine as Part of Potential Mission

1 month ago | bloomberg.com | Ott Tammik

Estonian soldiers take part in a training exercise in Lasna, Estonia. (Bloomberg) -- Estonia may contribute a company of soldiers to a potential peace-keeping mission in Ukraine as part of a “reassurance force” led by the UK and France, Prime Minister Kristen Michal said. Discussions that may lead to forming a deterrence force in Ukraine are still ongoing, Michal said in a statement on Wednesday. Any Estonian deployment would need to be approved by the nation’s parliament.
Estonia to Build New Military Base in Town on Russian Border

2 months ago | bloomberg.com | Ott Tammik

A police officer at the Estonia-Russia border in Narva, Estonia. (Bloomberg) -- Estonia plans to build a military base in the city of Narva, in the Baltic nation’s latest move to bolster security along its sensitive border with Russia. The government in Tallinn is currently seeking a location for the small base, which would host a few hundred troops. They could also include forces from NATO allies which have troops based in the country, such as the UK and US.
ECB’s Muller Warns Tariffs, German Spending May Boost Inflation

2 months ago | bloomberg.com | Ott Tammik

A euro symbol statue at the headquarters of the European Central Bank (ECB), in Frankfurt, Germany, on Thursday, April 17, 2025. European Union countries have been at pains to show a united front in the face of Trump’s broadsides. Photographer: Liesa Johannssen/Bloomberg(Bloomberg) -- European Central Bank Governing Council member Madis Muller warned that US trade tariffs and higher public spending in Germany could stoke inflation.
Villeroy Says ECB Can React Quickly on Rates Based on Data

2 months ago | bloomberg.com | James Regan |Ott Tammik

Francois Villeroy de Galhau(Bloomberg) -- European Central Bank Governing Council member Francois Villeroy de Galhau said inflationary risks appear to have subsided and that the ECB is ready to respond quickly to new data. The central bank must be prepared for various possibilities, he added in an interview on Ecorama broadcast on the Boursorama website on Friday, noting that policymakers will wait until their next meeting in early June before deciding on further interest-rate moves.
Estonia Detains and Boards Russia-Bound Oil Tanker Over Insurance Status

2 months ago | insurancejournal.com | Ott Tammik

Estonia’s navy stopped and boarded a sanctioned, Russia-bound vessel in the Baltic Sea on Friday over its insurance status and suspicions that the vessel belonged to Moscow’s shadow fleet, which facilitates the illicit trade in Russian oil.
Estonia Detains And Boards Russia-Bound Oil Tanker

2 months ago | bloomberg.com | Ott Tammik

Estonian officials board the sanctioned Kiwala tanker, in a photo released on April 11. (Bloomberg) -- Estonia’s navy stopped and boarded a sanctioned, Russia-bound vessel in the Baltic Sea on Friday over its insurance status and suspicions that the vessel belonged to Moscow’s shadow fleet, which facilitates the illicit trade in Russian oil.
Estonia Passes Law Banning Orthodox Church Ties to Moscow Clergy

2 months ago | bloomberg.com | Ott Tammik

A Russian Orthodox church in Tapa, Estonia. (Bloomberg) -- Estonia’s parliament passed a law forcing the local affiliate of the Russian Orthodox Church to sever ties with its pro-Kremlin leadership in Moscow, in an escalating standoff with an institution widely seen as an instrument of Russian soft power.