Delfi - Latvia | Tuesday, June 22, 2010
Euro secures Estonia's future
Estonia will introduce the euro in 2011. The move will enhance the country's long-term prospects, writes the Latvian news portal Delfi: "After obtaining independence, Estonia's elite recognised that membership in international organisations not only makes a country better known, it also ensures its long-term sovereignty. Estonia has been a member of the OECD since May. Now the European Union has announced that it has fulfilled all of the criteria for entering the Eurozone as of January 2011. That makes Estonia the Northern European economy which is the most integrated in the world's political and economic systems. According to assessments of international organisations, Estonia has done everything necessary for the development of a country that is financially weak and poor in natural resources, but which has an open economy."
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