Estonia Joins the Euro Family

July 14, 2010 at 6:49 am

Today, the Council of the European Union agreed that Estonia would adopt the euro as of January 1, 2011. This means that Estonia will become the 17th European Union country to have the euro as its currency.

“Estonia has achieved a high degree of sustainable economic convergence and is ready to adopt the euro…We commend Estonia for its long-standing commitment to prudent policies. To ensure that the adoption of the euro is a success, Estonia must pursue its efforts to maintain a prudent fiscal policy stance,” said Olli Rehn, EU Commissioner for Economic and Financial Affairs.

Source: European Union Delegation to the United States of America


Entry filed under: European Union. Tags: , , , .

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Travel with the Northern Kentucky Chamber in 2012

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