Estonia’s Prime Minister, attends the EU-LAC summit in Madrid

May 24, 2010
By Simon - Baltic NEWS in UK

Another business moment for Estonia. Estonia’s Prime Minister, Andrus Ansip attended the EU-LAC summit in Madrid on May 18th. Assuming approval from the European Central Bank Estonia is on track to join the Euro in 2011.

Despite Estonia’s lack of financial clout compared other Euro members such as Germany, during today’s economic instability Estonia is nothing but a fine example of fiscal restraint.

“I think Estonia brings that voice of fiscal conservatism to the table, which always makes everybody squirm, but that’s a healthy thing,” says Jeremy Hildreth, a former economist who works on branding for different countries, and worked on the branding for Estonia.

“It’s a great time for smart little Estonia to pop up on to the scene.”

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