Estonia may be unable to join the eurozone in 2011
BONJOUR L'ESTONIE (Free subscription) | 09/14/2008
Toomas Hõbemägi Government’s recent decision to excise duty on alcohol and gas means that Estonia may be unable to join the eurozone also in 2011. Maris Lauri, macroanalyst of Hansabank, told Postimees that higher excise duties that are aimed that bringing additional revenue to the state budget will also push up inflation which makes it difficult for Estonia to reach the Maastricht criteria....
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