Policy Article

The Estonian Market System as an Alternative to an European Umbrella (original publication German only)

Friedrich Naumann Stiftung, Wohin führt uns der Fortschritt? Programm-Magazin, Potsdam, 2/2013: 10-11

In times of an apparently never ending euro-crisis and bailout packages for a growing number of crisis-ridden euro-countries, Estonia became member of the euro-zone on January 1, 2011. During the crisis Estonia managed to meet the Maastricht criteria due to a liberal economic policy and sound public finances.