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 the Estonian and Latvian Prime Ministers, the two noted that regardless of the current economic crisis, Estonia's aim is to adopt the euro as fast as possible.

Estonian Prime Minister Andrus Ansip said 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 stress placed on collective defense.

The support for Georgia and Ukraine remains high according to Ansip, and that "the success of the integration of these countries cannot be measured with economic indicators; above all, the development of democratic institutions must be observed there."