A Money-Free Economy for Estonia (1)
Eestlased Eestis 22 Nov 2010  EWR
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ERR News
With just over a month before the switchover to a pan-European currency, University of Tartu economics professor Raul Eamets proposed for Estonia to adopt a money-free economy - in other words, to get rid of physical cash and coins.

"It will make the economy more clear and transparent. The tax system will be improved and in the end we will all live better lives," said Eamets.

According to the professor, a wholly electronic monetary system would be cheaper and less cumbersome.

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