Thursday, 12th of March, 2009
Märten Ross: risk factors of economy have fell back
At the meeting in Finland Vice President of Estonian Bank Märten Ross said that risk factors of Estonian economy have fallen back considerably. "Estonia's economic growth does not depend on inflow or foreign money anymore and current account is reaching balance," Ross said. According to Ross, Estonia is highly likely to meet all necessary criteria for the euro changeover by the end of the year and thus it is possible that the euro changeover takes place in 2011.
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