Posts Tagged ‘kroon’

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    A Tale of Two Euro Zone Countries

    Sep 14, 11 • 111 Views • Economic Debates, Economic History, International Trade and Finance, Money and Monetary Policy, Thinking EconomicallyNo Comments

    Saying, “It is a small step for the euro zone and a big step for Estonia…” the Estonian prime minister celebrated his country’s formal entry into the Western economic world. On January 1, 2011, Estonia switched from the kroon to the...

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    Passing the Euro Test

    Jan 2, 11 • 99 Views • Developing Economies, Economic History, Government, International Trade and Finance, Macroeconomic Measurement, Money and Monetary PolicyNo Comments

    Having just entered the euro zone, the Estonian kroon will be replaced by 194 million euro coins and 45 million bank notes. The process will take 2 weeks as the new currency replaces the old. Here are some pictures of Estonian euro coins and a picture and...