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Rollo
2nd January 2011, 01:19
I suppose that the Krone was the symbol of Estonia's independance from the Soviets, but does joining the Euro mean that they've now been accepted by the west?

http://www.europolitics.info/institutions/deficits-increase-in-eurozone-and-eu-art287086-38.html
At the end of 2009, the lowest ratios of government debt to GDP were recorded in Estonia (7.2%)

Does it mean something worse though? Will the little Baltic Tiger have to pay hoardes of money to help bail out less prudent and "richer" governments?
http://i.dailymail.co.uk/i/pix/2010/12/31/article-1343018-0C9CE528000005DC-199_468x327.jpg

Let the band keep on playing, perhaps they'll play "Nearer, My God, to Thee".

Tomi
2nd January 2011, 14:19
Funny poster, but I hope Estonian government is clever enough, not to pay other countries debts or actually to secure that investing banks can continiue to play their 0% risk game, our government was not.