Euro not the ‘cure-all’ some expect

Jan 21, 2010
Staff and wire reports

TALLINN - Edward Lucas, writing in The Economist, says that Estonia shouldn’t waste the lessons being taught by this economic crisis. He says “Estonians should… take a hard look at themselves, their society and their state, and work out how to dump bad habits and adopt good ones.” There are no quick fixes, only important changes, he asserts. “Independence was not a panacea, nor was introducing the kroon, or joining NATO and the EU. Adopting the euro will be ...

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