The Baltic Course  

From rubles to euro
The Baltic states' capital market has been preparing for transition from their previous long-standing currency – rubles – to the incoming euro for already 13 years. On the final stage of transition from one of the world's weakest (in the early 1990s) currencies in the region to one of the most strongest (presently) they may run into some trouble, e.g. the possible growth of inflation after these states' accession to EU.