18 June 2010

EUROZONE: Estonia Gets OK To Use Euro.

NYTIMES/    Meeting in Brussels, Europe’s 27 governments lauded the “sound economic and financial policies” achieved by Estonia and said it would drop the kroon for the euro on Jan. 1, 2011. Olli Rehn, commissioner for economic and
monetary affairs said “Estonia’s admission is a sign to other countries that our aim is to continue enlarging economic and monetary union through the euro.” 
“It’s a great day for Estonia,” said PM Andrus Ansip. “We prefer to be inside, to join the club, to be among decision makers.”