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Ansip defends Estonia's decision to join euro-zone at ''Riga Conference 2011''
Juhan Tere, BC, Tallinn, 19.09.2011.
Print version
Print versionDuring the opening of the annual high level foreign policy and security policy forum ''Riga Conference 2011'' yesterday, Estonian Prime Minister Andrus Ansip defended his country's decision to join the euro-zone.
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| Andrus Ansip at Riga Conference 2011, 16.09.2011. Photo: mk.gov.lv |
Even though some experts, including some in the United States, were puzzled by Estonia's decision, when the euro-zone was going through some troubles, there are many indicators and benefits that show that we made the right decision, Ansip said.
The Estonian prime minister explained that it was important for his country to become a euro-zone members, because despite the good economic indicators, Scandinavian investors did not trust the previous currency, as they still remember the devaluation of the Finland's currency in the 1990's, writes LETA.
Latvian Prime Minister Valdis Dombrovskis also agreed that Estonia has been an excellent example to Latvia and Lithuania in joining the euro-zone.
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