Estonia to head straight for euro – Lipstok
Accession to the euro area is Estonia's primary short-term objective, said Andres Lipstok, the governor of the Bank of Estonia.
Lipstok said the state needed to implement some important macro-level objectives to support economic recovery. He said the readiness to join the euro area as well as medium-term and long-term stability of fiscal policy were of utmost importance.
He said declining inflation had created the possibility for Estonia to meet the Maastricht criteria by the end of 2009, which
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