Almunia in a meeting in Strasbourg had said that he wasn't sure if Estonia's budget deficit would be able to stay under the required 3 percent of the GDP, a requirement for adoption of the euro.
The Estonian ministers of Economy, Environment and Communications are currently reviewing ways in which to keep the deficit under 3 percent, starting with reducing monopolies to lower energy prices.
The ministers are looking at ways to increase competition, specifically among water companies.
"In Estonia the prices keep going up. Sometimes fuel prices go up and down, but perhaps they could do it faster. In current condition one should look over the habit that prices keep going up," said Minister Jarvan to Aripaev daily.
It was originally estimated that Estonia would adopt the euro in 2010.
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