Estonia is gearing up today for historic New Year's festivities to celebrate the tiny country becoming the first former Soviet republic to adopt the Euro. The currency changeover will officially start at midnight on 1st January, marking the beginning of the end of the Estonian Kroon and a final step in the Baltic state's efforts to become the 17th member of the Eurozone after achieving independence in 1991.
We wish them well but wonder if now is the best time to join the ailing currency? Only the passage of time will tell if it's a good decision and see if the Euro can recover. I hope so, as a unified currency is far easier for the casual traveller and so we'll keep our fingers crossed. That, and the fact we had such a marvellous time there when we last visited,
Anyway, more details at the Independent.
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