Euro Entry: Implications

February 2011
Emerging Europe Monitor: Central Europe & Baltic States;Feb2011, Vol. 18 Issue 2, p10
Country Report
The article offers an analysis on the economic status of Estonia as it adopted the euro as monetary unit in 2011. It says that the country became the 17th member of European Monetary Union (EMU) in January 1, 2011, which is expected to a symbolic event for Estonia. It says that the country's entry to EMU will have lesser effect in Eurozone in terms of inflation, aggregate gross domestic product (GDP), and money supply. It adds that inflation rates will continue in the country by 3.5% in 2011.


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