Absolutely in agreement with you! The Euro will only serve to highlight the gulf between real wages paid in other EU countries, and the pittance that is a called a wage in Estonia. The kroon has saved Estonians from this sort of public embarrasment. Besides, the harder Laar and Kallas push for the Euro, the more convinced I am that they have personal interests at stake. One minute these characters say the market will provide all the corrections, the next they are aggressively pushing for a currency change. Besides this, it is now clear that Ilves wants to pull the chain on the 90-year old Tartu Rahuleping to push through for a formal border treaty with Russia. All this flies in the face of everything Estonians were told prior to joining the EU. It shows what a low-down game politics really is.

Because the EEK is pegged to the Euro Estonia is basically already using the common currency. The difference is that because the government hasn't officially switched they have been forced to spend a large amount of money keeping the hard peg stable. Switching to the Euro would remove any devaluation risk and lower the cost of capital which will only benefit the country. Any argument that wages are somehow affected shows is wrong. Wages are a factor of supply and demand, Estonian workers just aren't worth the same as ones in England or Germany.

A small country like Estonia can't keep it's own currency anymore in a day and age when a medium sized hedge fund could wipe it out if it wanted too, just ask Iceland.

"Estonian workers just aren't worth the same as ones in England or Germany". What a load of rubbish! How can you support this statement? Every country that has exchanged its local currency for the Euro can attest to a noticeable loss of monetary value through the rounding off of the new rate. Iceland went through the floor because it risked running with Russian money-laundering schemes which Estonia has successfully resisted. Your arguments are not water-tight.

You have a perfect right to your opionion, but for some logical reason I find it very difficult to agree with you concerning Estonian education. You should speak to someone in the know about that subject, and I think you will stand corrected just as readers of you comment would stand corrected for their inadequate thinking of which you have a good grasp of global affairs.