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Estonian euro adoption on track

Jun 18, 2009
By Ashley Brettell

TALLINN - As the Estonian economy begins to stabilize, the government has affirmed its target to adopt the euro in 2011. After the economic seismic shock of late 2008 and the continued fallout in 2009, government, bankers and the EU are starting to see signs of stabilization. The elusive entry into the eurozone is becoming more feasible on a month by month basis. Bank of Estonia Governor Andres Lipstock presented the central bank’s 2008 Annual Report to the Estonian parliament on June 11, in ...

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