The Baltic Times

Estonia sets euro aims high

  • 2009-04-14
  • TBT Staff

The challenges of euro adoption lie in fulfilling the budget criterion

TALLINN-In a recent meeting between theEstonian and Latvian Prime Ministers, the two noted that regardless of thecurrent economic crisis, Estonia'saim is to adopt the euro as fast as possible.

Estonian Prime Minister Andrus Ansipsaid the challenges will lie in fulfilling the budget criterion.

Both Latvia and Estonia found the NATO summit successful for the Baltics, due to the amount of stressplaced on collective defense.

The support for Georgia and Ukraine remains high according toAnsip, and that "the success of the integration of thesecountries cannot be measured with economic indicators; above all, thedevelopment of democratic institutions must be observed there."
 

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The Baltic Times is an independent monthly newspaper that covers latest political, economic, business, and cultural events in Estonia, Latvia and Lithuania. Born of a merger between The Baltic Independent and The Baltic Observer in 1996, The Baltic Times continues to bring objective, comprehensive, and timely information to those with an interest in this rapidly developing area of the Baltic Sea region. Read more... Our news analysis and commentaries provide readers with insight essential to understanding the three Baltic countries and their neighbors.

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