A group of Estonian divers stay true to their unusual tradition – whenever it is -20° C outside, all the lakes and ponds are covered with ice, they play a game of checkers on the bottom of a swimming pool.
Euro adoption was a logical step of the strategy that helped Estonia strengthen its independence in the '90s, said Vice President of the Estonian Central Bank Ulo Kasiks in and interview to Latvian Radio.
For the Bank of Greece, the euro zone is a bloc of 16 members, rather than the full complement of 17. Although many analysts have tipped Greece, in the throes of a long recession, to be the first to leave the currency union, it is tiny Estonia that Greece can live without, at least according to the central bank’s website.
Estonia was the first country in the world to introduce online voting and pioneered the use of free public internet. It was also the first former Soviet republic to join the eurozone. Precisely two years after that event, on January 1, 2013, Tallinn will become the largest city in the world and the first capital to provide free public transport to all of its residents.
Latviajs Finieris has opened its daughter company, OU Kohila Vineer, 20 million EUR worth birch veneer plant.
Estonia will maintain a power surplus for the next 10 years, even during peak winter demand, while neighbours such as Lithuania strive for electricity independence and lower prices, Estonia's grid operator Elering said.
Anvar Samost, the executive editor-in-chief of Postimees daily, says that if Latvia were to join the eurozone in 2014 it would benefit Estonia.
A big part of second-hand tires that are being sold in Estonia are actually tires that Finns have thrown away. Some Finnish mechanic is quoted as saying that he often sees Estonians, Latvians, Lithuanians and Poles going through the container of used tires.