Received: from AMBPR02MB12269.eurprd02.prod.outlook.com
 (2603:10a6:20b:761::18) by AS8PR02MB10217.eurprd02.prod.outlook.com with
 HTTPS; Wed, 13 May 2026 14:19:38 +0000
Received: from DU2PEPF0001E9C2.eurprd03.prod.outlook.com
 (2603:10a6:10:4b9:cafe::c4) by DUZPR01CA0271.outlook.office365.com
 (2603:10a6:10:4b9::27) with Microsoft SMTP Server (version=TLS1_3,
 cipher=TLS_AES_256_GCM_SHA384) id 15.20.9913.12 via Frontend Transport; Wed,
 13 May 2026 14:19:34 +0000
Received: from DUZPR01CA0271.eurprd01.prod.exchangelabs.com
 (2603:10a6:10:4b9::27) by AMBPR02MB12269.eurprd02.prod.outlook.com
 (2603:10a6:20b:761::18) with Microsoft SMTP Server (version=TLS1_2,
 cipher=TLS_ECDHE_RSA_WITH_AES_256_GCM_SHA384) id 15.20.9913.11; Wed, 13 May
 2026 14:19:35 +0000
Received: from mail1.rit.ee (213.184.53.4) by
 DU2PEPF0001E9C2.mail.protection.outlook.com (10.167.8.71) with Microsoft SMTP
 Server (version=TLS1_2, cipher=TLS_ECDHE_RSA_WITH_AES_256_GCM_SHA384) id
 15.20.9913.8 via Frontend Transport; Wed, 13 May 2026 14:19:33 +0000
Reply-To: <eelo@mfa.ee>
From: <eelo@mfa.ee>
To: "Info - RAM" <Info@fin.ee>,
	"Virge Aasa - RAM" <virge.aasa@fin.ee>,
	<merili.kriisa@mfa.ee>,
	<eelo@mfa.ee>
Subject: C-225/25
Date: Wed, 13 May 2026 17:19:19 +0300
Message-ID: <202605131419.64DEJJn7021998@eelo-host.mfa.ee>
MIME-Version: 1.0
Content-Type: text/plain;
	charset="utf-8"
Content-Transfer-Encoding: 8bit
X-Mailer: Microsoft Outlook 16.0
Thread-Index: AQEzSWdEnCP8qG95UHAo0hcg+yidJg==
Authentication-Results: spf=fail (sender IP is 213.184.53.4)
 smtp.mailfrom=mfa.ee; dkim=fail (body hash did not verify)
 header.d=mfa.ee;dmarc=fail action=oreject header.from=mfa.ee;compauth=none
 reason=451
X-CSE-ConnectionGUID: RLjL6JfmR+qYEE4o/stSFA==
X-CSE-MsgGUID: oFU4K0W+SNOY3oWwzZE13Q==
X-ThreatScanner-Verdict: Negative
X-IPAS-Result: =?us-ascii?q?A0FbAAD6hwRqexcxuNU+HBoBAQEBAQEBAQEBAwEBAQESA?=
 =?us-ascii?q?QEBAQICAQEBAYIQgkGBCIESBFSIJ6ptg2MBAQEBAQFJFAQBAQMBA5I0IAcBS?=
 =?us-ascii?q?wECAQIBAwIDAQEBAQEBAQEBAQELAQEBBAEBAQIBAQIEAwEBAQECEAEBQkmGT?=
 =?us-ascii?q?w2CWzuCFiwfgR4UAQE4gT0SgwOCJE8UR7RDHmOCDAEBBgQDAgN8gUnZc4FQA?=
 =?us-ascii?q?wYZgTQBiFgBhXUBO4IRgi9Cgg2BFTWGFAQYghOFd4ImehSOeAcHYVt4LAFVE?=
 =?us-ascii?q?xcLBwWBMzMDIAovFBkCFC8PGjIdNzkMJxIsFwgrWBsHBYFLgwtWgQKEX3gjL?=
 =?us-ascii?q?ANOgTgJAwttPTcGAgwbSUIdEoo7HQ+DaoEFpxWhFJBEj0GGRoNxAaZ5mQYij?=
 =?us-ascii?q?WecHIMahCdQHA+OIYRux0h2PgoHggOQNIFLAQE?=
X-Talos-CUID: 9a23:TD4e0m690w6bShhUV9sszmoWPp4HfHjnj27hDmLkDiFyVIa7YArF
X-Talos-MUID: =?us-ascii?q?9a23=3A8UFKtwy6+j2Ie31CPq+jfDxFysyaqKOANRwuyap?=
 =?us-ascii?q?FgO+jBHd3BCiPvhnuGbZyfw=3D=3D?=
X-IronPort-Anti-Spam-Filtered: true
X-IronPort-AV: E=Sophos;i="6.23,232,1770588000"; 
   d="scan'208";a="69517192"
X-Amp-Result: SKIPPED(no attachment in message)
X-Amp-File-Uploaded: False
X-Authentication-Warning: eelo-host.mfa.ee: www-data set sender to eelo@mfa.ee using -f
X-FEAS-BEC-Info: WlpIGw0aAQkEARIJHAEHBlJSCRoLAAEeDUhZUEhYSFhIWkhZXkguLT4lWFpYWFhYWV1RWV1fSFhISFlZSA0NBAcoBQ4JRg0NSFlIWVlIDQ0EBygFDglGDQ1IWUhZSFlb
 SFlYRllYWEZZWlFGXlFIUEhYSFhIW0hYSFhIWEhZWUgNDQQHKAUOCUYNDUhZSFlZSAEGDgcoDgEGRg0NSFhIWlpIPg0BAwdGIwcYCQUNDRsoHBwCCUYNDUhY
X-FEAS-Client-IP: 10.100.129.69
X-FE-Envelope-From: eelo@mfa.ee
X-FE-Policy-ID: 22:19:0:SYSTEM
X-FE-Hostname: jupiter.vm.ee
X-MS-Exchange-Organization-ExpirationStartTime: 13 May 2026 14:19:33.6170
 (UTC)
X-MS-Exchange-Organization-ExpirationStartTimeReason: OriginalSubmit
X-MS-Exchange-Organization-ExpirationInterval: 1:00:00:00.0000000
X-MS-Exchange-Organization-ExpirationIntervalReason: OriginalSubmit
X-MS-Exchange-Organization-Network-Message-Id: c9b931e8-f13f-410d-6f54-08deb0faa7c4
X-EOPAttributedMessage: 0
X-EOPTenantAttributedMessage: 8fe098d2-428d-4bd4-9803-7195fe96f0e2:0
X-MS-Exchange-Organization-MessageDirectionality: Incoming
X-MS-PublicTrafficType: Email
X-MS-TrafficTypeDiagnostic: DU2PEPF0001E9C2:EE_|AMBPR02MB12269:EE_|AS8PR02MB10217:EE_
X-MS-Exchange-Organization-AuthSource: DU2PEPF0001E9C2.eurprd03.prod.outlook.com
X-MS-Exchange-Organization-AuthAs: Anonymous
X-MS-Office365-Filtering-Correlation-Id: c9b931e8-f13f-410d-6f54-08deb0faa7c4
X-MS-Exchange-AtpMessageProperties: SA|SL
X-MS-Exchange-Organization-SCL: -1
X-Microsoft-Antispam: BCL:0;ARA:13230040|82310400026|19002099003|16102099003|13003099007|57112099003|55112099003|18003699003|11063799003;
X-Forefront-Antispam-Report: CIP:213.184.53.4;CTRY:EE;LANG:et;SCL:-1;SRV:;IPV:CAL;SFV:NSPM;H:mail1.rit.ee;PTR:mail1.rit.ee;CAT:NONE;SFS:(13230040)(82310400026)(19002099003)(16102099003)(13003099007)(57112099003)(55112099003)(18003699003)(11063799003);DIR:INB;
X-MS-Exchange-CrossTenant-OriginalArrivalTime: 13 May 2026 14:19:33.4117
 (UTC)
X-MS-Exchange-CrossTenant-Network-Message-Id: c9b931e8-f13f-410d-6f54-08deb0faa7c4
X-MS-Exchange-CrossTenant-Id: 8fe098d2-428d-4bd4-9803-7195fe96f0e2
X-MS-Exchange-CrossTenant-AuthSource: DU2PEPF0001E9C2.eurprd03.prod.outlook.com
X-MS-Exchange-CrossTenant-AuthAs: Anonymous
X-MS-Exchange-CrossTenant-FromEntityHeader: Internet
X-MS-Exchange-Transport-CrossTenantHeadersStamped: AMBPR02MB12269
X-MS-Exchange-Transport-EndToEndLatency: 00:00:04.9363329
X-MS-Exchange-Processed-By-BccFoldering: 15.20.9913.007
X-MS-Exchange-ExternalInOutlookResult: NotEnabled
X-Microsoft-Antispam-Mailbox-Delivery: ucf:0;jmr:0;auth:0;dest:I;ENG:(910005)(944506478)(944626604)(920097)(930201)(20251009189)(140003);
X-Microsoft-Antispam-Message-Info: =?us-ascii?Q?OaqN3PY/tkAQ+KVhbh3G+at48ncVNdx5K/Ul/tI4N+fYkkS9+Bsx/ETokqp1?=
 =?us-ascii?Q?FO7FDFHjwrXIVTYcoTBhqk2wgKce0ceaD6lq6udF9WgG8wb+BPh/h/WtjHlo?=
 =?us-ascii?Q?KrEKwM707bsnu/hfwHYCc7VOl3xLiOt6BeDgHgpMJLhEM04u2YwpBPuZHLXq?=
 =?us-ascii?Q?oSbsq7n+1WZ/zlgi/jNkGtDuELB4y6kJzhuPuW2wgRJKRXCokP5ae01l9Ojo?=
 =?us-ascii?Q?C6ndvB+ugySZRtf7kWPhoVdmFwc95PvKo8RGWnzM3gddlvOSAVtWC8hrjRCA?=
 =?us-ascii?Q?A6MHiO7tIECYJoCcY+ItXoeAmquX/D9nPkI7cvsbbqxkmOmEGFqaxjrLuLTk?=
 =?us-ascii?Q?ac+zfFKDmIpL/Sg3G2t8WVsqOgO/i1AIfnrqc7gqleCxs9eGmvlY5wdqoG8W?=
 =?us-ascii?Q?cs87n7WOHhiYrReJJsnmSfQohlONANZmqrPjd4atgLoDZQP1Qz1AO4kZuqQ9?=
 =?us-ascii?Q?RFEm05UkB14DCIOs94s7r6vQ+a3fzDtUc9B0O9xPhXz87HBnD7QxIyyDc6c1?=
 =?us-ascii?Q?xaUIvKJmc9I6RVinWeriS0/CiCMICGLAFR2sWizAvIv3BauGGpbW6MjVj+cy?=
 =?us-ascii?Q?3sNoaWdOXQQeULh61DxEw64/PgtwuxC8vU6YZ57AK4zRJxnQYNmuilJPLU+x?=
 =?us-ascii?Q?8y+elfnGKzUjd4JXKl7uQ44X9145Q2FpiGC/rX6lobIfoDL8h/Yu0dXFURbF?=
 =?us-ascii?Q?7Vl6axip9nl5WJ4wRK69L9o4kN3YH4hz0UgbeVkDFWgbfvlm8mo
	d/IWCqYbG?=
 =?us-ascii?Q?O764/egpRiGW/iiaV4cY0iQeOb3uFU4LK4cp9/m/lfXYrNRnss3hMODFef2U?=
 =?us-ascii?Q?iSDa874kyNSXYaqdv09DnAkx62tZeUmJFh5GmhkVgAgbzJBWD62G4eN7lrKK?=
 =?us-ascii?Q?bnQK4ngxEQOAr5Ez2ZAw3PHfte6MTxn/ca8Z9JfuFzs6BsxWJ40Yp2nFx59z?=
 =?us-ascii?Q?cDKG2NJy/vHANtmTk3hrg+9AL0kzg3yAVF8FTdmutoi+Y5JQ5QqSAF6K5/9A?=
 =?us-ascii?Q?ekF7gfmC4B1WmSgMmCFjGeJd1nrELQ+cxifh3DU7LsLWGuACz2HRvjk9YUHE?=
 =?us-ascii?Q?oQ9qsH+eLQQZEa5vsZtaaWK51EH4yow2ODZO94/5WOEUzgPwWapVSRMz3qha?=
 =?us-ascii?Q?WPNRbDjUvr0jWdSIpE155xtDeKWBBHpRBUJJOyJzxdRpMk7Kw9CaX95q0Eq0?=
 =?us-ascii?Q?LZ++uwio14NdlK3qrcdGqvq8HQ7TZjK9gr2uiuwcroRsky/X3Hj3f+y7uMZy?=
 =?us-ascii?Q?mW7sipsxQXGVUSsud+Pp0V7H54c32k1gGxkBciNojnZ27CEJvvnXWMNKe1uZ?=
 =?us-ascii?Q?qgf4MjQEVL5we2sBYLXgu9pg56Ge+zJJg34rpAVA3GGqT9YJrmSs1oRH/oBU?=
 =?us-ascii?Q?NjHurVEEZyW0cE3DAnt6vI2NNIDIJ2W9vf4h4uaUB+vgvtdhSz8situJJEl4?=
 =?us-ascii?Q?jlKHFoBDBS9rccR86Ko4hTpklVdvDfcLlUw4d8Xdz8TdnU6mHTK7PvrQa2Ni?=
 =?us-ascii?Q?r4uZELie1v7jrop2lIcAw8TGUoY/+VR1FsVK9
	BjlUNARqkmBdVIsZ2/v6JWS?=
 =?us-ascii?Q?5lkLc6xJtWh1nJxXBcqGrMeC16sjGuVJ6Gtz+1PY1R3hjqGtfR4NpnWoRPin?=
 =?us-ascii?Q?MW3u+f9IHp7NeP0vzYTv7NV3pV/KcEgdy3lBDVeDYMRbMznsUagJCFH08IOX?=
 =?us-ascii?Q?cugu8VwiD2x1KwQaCCRNQ4vt/GBXGzkSWFe4Q5mmkBp2ctXRjHSGg8/C+bKW?=
 =?us-ascii?Q?T41NvrYkDIYZElOd1Et2pIec7M5ZtwLK/ImoaJ9rUrZtnLUEaJnH3kxsp4Tg?=
 =?us-ascii?Q?w5qcSU3RCa772m9cmkZt/E9BBttOjrCmEA3NBOfF91Y+KAbGCwJKw6+cE6SA?=
 =?us-ascii?Q?R7TJhFECWQG4rhUvpm90L2fEi9Z9l4U9cWLwdKl0B9sbzREW+yVka/W12jud?=
 =?us-ascii?Q?KBElgHRgB+l69t8QCAIAviL0sO8GU5fSc5zYLnuFlZ3OBOkLHhCr8b3psT0N?=
 =?us-ascii?Q?TTTakn2T/Weeg2mZp54MnGMyF8Mml8haJbQQ27UHZBM5yuy1RnRRG33a1cIN?=
 =?us-ascii?Q?FK28TiM1ZZBAxwTx/+dYqVsWDUkIf2Q0RtoCEbGdJTn5KYlqhr+Fk0P2VpDL?=
 =?us-ascii?Q?6/mj0F9ByzOH7MrWbdxSOBoJVkJcRzA6hL22HWCchXkkPWEuhCWh2n70DSJ4?=
 =?us-ascii?Q?3Zr2UyjprUqIpxkXqqCKggmVC78/DmnwGAD1PWhoMNzjVRSKrLFpBtZZ2p9T?=
 =?us-ascii?Q?28Hlv4HNJU2zmVuq3AVsPwePxCHLhoWYYnbGt+ILq+YIiehg1ce76j0W0hJV?=
 =?us-ascii?Q?vzOj51wHR/71BNBuUZlgPqC
	t3L0pFKRvV2uSgSrrXssmPzGZJ7KaQpNvuNoL?=
 =?us-ascii?Q?pZnN43vXVT0rpsOG3VrVJNdThHs1V2rp2xqnpJgX3mqhK0bBIITiOVBPxnZn?=
 =?us-ascii?Q?410I5zrHLpm2wCXS1OVOiiQS6X9sHBAjW9K3hlfNGqa3ZuGiK+LvmiYtc969?=
 =?us-ascii?Q?TMeLos1bJKKU2JYZpm65j9cLPe5IyDSOvGnBxyROx1+KmJLKblPSecchQEJU?=
 =?us-ascii?Q?LamoapomOfgMuP1i8/MHKfdMk6ILWxwGvwsNHrJ/KtqjszPDS/HrlLG+OioA?=
 =?us-ascii?Q?G4CJthzYdTc+BIFWaOqkxlMF1EC+bZGC3F0OBQIGUUYdFGn1pjJMpK60OySc?=
 =?us-ascii?Q?Pq06y40hg0z1qx0dp6w6j48yho7shy5X0ekW5rkkp8JU9pgkFgU4HEcKQClx?=
 =?us-ascii?Q?7zPeSDTp0fxRXV5q0wUpSWIoEtEt5zKLa1y9nMtLbAMacaVN74L2ja1tNutb?=
 =?us-ascii?Q?To6x3A6wmJF87gxHCvFYvGaEwB4lSvYWsXkpMVePHl9kRiKRcqwCLRyDcwLi?=
 =?us-ascii?Q?3PweaaNiNe+5coVcY1dhKOf6XeAElnZMcRJngY4+rIXrPI8CYuqPfBFnkXJq?=
Content-Language: en-us
x-ms-exchange-organization-originalclientipaddress: 213.184.53.4
x-ms-exchange-organization-originalserveripaddress: 10.167.8.71
received-spf: None (mail1.rit.ee: no sender authenticity  information available from domain of  postmaster@jupiter.vm.ee) identity=helo;  client-ip=213.184.49.23; receiver=mail1.rit.ee;  envelope-from="prvs=1600a91ae0=eelo@mfa.ee";  x-sender="postmaster@jupiter.vm.ee"; x-conformance=spf_only
dkim-signature: v=1; a=rsa-sha256; q=dns/txt; d=mfa.ee; s=dkim2018; c=relaxed/relaxed; h=date:message-id:to:subject:from:reply-to:content-type; bh=iNuFhZk84SVUfluuM9SpAuu/yw7cQvqPRjUfEhTKFVQ=; b=frJ+fArC73porV4phHkDy3GAKEpKQTWcAHWFMJb8G5o6qpV7xVuEzmE/FwJgMwAgLKOF0zcktE18	hxoJs1ZbFCdhFpqcPiTgKU4WX2lafcqCCB6HiWzsYGF7dDQCr0zAq9cRpx79uuJpbRMbOmeDkPSp	J0wK9ey0YfiVk/8Cz6fMPZfMT56DDmB98TOjAE2UV/2+Ac4uHqqJNG+xLdSBv4YCzA5tN+WKKmvH	I4sa2rHXxpIxDNR/YLpycgsBVraioUFXGpNHFPaq6HQlVZHXcUSj4frw/VFNrp7Uff/p/vTihgpU	LSmh460r68U9QReYA6FPEmLBQS0tc1zECkKpow==
X-OlkEid: 000000001988855259D6ED42901E245C1653462B070034AD76187591974DBF6C4F76951C873A0100020000000000710702BE1E910F45A76421A785AB30BA00000000173D0000C055EDEC456E5B4D88F73CBADD0BC08C

Adressaadid: info@fin.ee, virge.aasa@fin.ee, merili.kriisa@mfa.ee, 
eelo@mfa.ee

V�lisministeeriumis registreeritud: 15.3-3/2025/191-3
Kohtuasja number: C-225/25
Staadium: M��rus(ed), otsus
M�rks�nad: v��rtpaberiturg; �lev�tmispakkumine
�iguslikud vormid: direktiiv 2004/25/E�

Dokumentidega on v�imalik tutvuda EELO keskkonnas aadressil
https://eelo.mfa.ee/eelotsus_vaata.php?id=8132

EL �iguse b�roo
V�lisministeerium
