Estonia in the Eurozone – a strategic success
Estonia in the Eurozone – a strategic success

Author(s): Paweł Siarkiewicz
Subject(s): Economic policy, EU-Accession / EU-DEvelopment
Published by: OSW Ośrodek Studiów Wschodnich im. Marka Karpia
Keywords: Estonia; eurozone
Summary/Abstract: The adoption of the euro in January 2011 topped off Estonia’s integration policy. In the opinion of Estonian politicians, this country has never been so secure and stable in its history. Tallinn sees the introduction of the euro primarily in the political context as an entrenchment of the Estonian presence in Europe. The process of establishing increasingly close relations with Western European countries, which the country has consistently implemented since it restored independence in 1991, has been aimed at severing itself its Soviet past and at a gradual reduction of the gap existing between Estonia and the best-developed European economies. The Estonian government also prioritises the enhancement of co-operation as part of the EU and NATO as well as its principled fulfilment of the country’s undertakings. It sees these as important elements for building the country’s international prestige.

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