KMS Baltics
Estonia was given final approval to join the eurozone this week and the country's government is now looking to boost support for the move among voters.
According to Business Week, just 45 per cent of the Estonian public are in favour of a switch from the kroon to the euro.
Tea Varrak, chancellor of the country's Finance Ministry, told reporters at a press conference in Tallinn that he wanted to boost this to 65 per cent.
Opposition to the adoption of the single currency is strongest among senior citizens and the Russian-speaking population, he said.
The latter group account for around 30 per cent of Estonia's 1.3 million inhabitants.
Following a meeting of EU finance ministers in Brussels, Estonia was given the official go-ahead to join the eurozone on January 1st next year.
The Baltic nation will use the existing exchange rate of 15.6466 kroon to one euro.
It is hoped that the change in currency will boost foreign investment in the country, with the Estonian forestry industry potentially benefitting.
(http://www.kms.ee/articles/Est... )
Estonia looks to boost euro support (6)
Eestlased Eestis | 15 Jul 2010 | EWR
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Toomas Merilo-we are waiting for you input into this comment section. As a strong advocate of the Euro, your arguments in favour of everything that the Reform party has done might well tip the scales in favour of the Euro. Over to you Toomas.
for estonian politicians and bankers the coming of the euro is their last grab at the 'pirukas' which for most of them will then become too far removed ...
but their work is done (they have nice cars and places) ...
estonia/estonians will now be formal vassal like assets to the eu bankers and their political puppets and not one eestlane can say 'boo' because this time their democratically elected governemnet sold them out
how will history look upon reform?
but their work is done (they have nice cars and places) ...
estonia/estonians will now be formal vassal like assets to the eu bankers and their political puppets and not one eestlane can say 'boo' because this time their democratically elected governemnet sold them out
how will history look upon reform?
Eestlased Eestis
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