Estonia to adopt crisis-hit euro but others wary - Reuters (8)
Eestlased Eestis 23 Dec 2010  EWR
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Estonia, which adopts the euro on January 1, is likely to be the last new entrant to the currency zone for some years as bigger eastern European states such as Poland and the Czech Republic watch the bloc's crisis warily.

For the Baltic state of 1.3 million, being in the euro zone club is preferable to uncertainty linked to its outgoing kroon currency and is seen as a way to attract further investment.

Adopting the euro is also the culmination of Estonia's move westwards away from the dominance of mighty neighbour and former ruler Russia after entering the European Union and NATO in 2004.

Ordinary Estonians are also hoping for the smaller benefits of saving money on currency transactions.

http://uk.reuters.com/article/...
 
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