Trichet lauds Estonia’s positive response to crisis
Jean-Claude Trichet, the president of the European Central Bank (ECB), on Monday said Estonia's rapid response to the financial crisis demonstrated its ability to implement good fiscal measures and hastened its adoption of the euro.
"The experiences of Estonia and various euro area countries over the past few years highlight the importance of rigorous and effective surveillance inside the single currency area," Trichet said.
Trichet outlined aspects of the country's experience that were key to
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