Vahur Kraft

President of the Bank of Estonia



  • The two sides of the Euro coin *

    Estonia would like to be one of the first new members of the club - we would like to become a member of the euro area at the earliest possible moment. That would mean joining the Exchange Rate Mechanism (ERM2) as soon as possible, with the present EUR/EEK exchange rate and the currency board arrangement in place.

    *The article is based on a presentation given at an international conference on September 30 in Tallinn.