Estonia became the 17th country in the former Soviet Union to switch its currency to the Euro; after it entered the debt burdened European Club by the start of 2011.

Estonia's deputy central bank Governor Rein Minkasaid that The New Year came exactly like the Estonian central bank and its partners had planned,adding that There were no glitches with adopting the euro or with technical systems. The new money reached all the places it was supposed to.

Lithuania and Latvia are next in-line to join the EU, but that would take place in 2014. Estonia's Prime Minister Andrus Ansip stated that For Estonia, the choice is to be inside the club, among the decision makers, or stay outside of the club,adding that We prefer to act as club members.