Estonia

After centuries of Danish, Swedish, German, and Russian rule, Estonia attained independence in 1918. Forcibly incorporated into the USSR in 1940 - an action never recognized by the US - it regained its freedom in 1991 with the collapse of the Soviet Union. Since the last Russian troops left in 1994, Estonia has been free to promote economic and political ties with Western Europe. It joined both NATO and the EU in the spring of 2004.

Economical characteristics

 * Currency: Estonian kroon, Euro (ISO code: EEK, EUR)
 * Central bank discount rate:
 * Commercial banks lending rate: 8.55% (31 December 2008)
 * Stock of money (M1): $6.106 billion (31 December 2008)
 * Quasi money (with M1 makes M2): $5.478 billion (31 December 2008)

Notable events:

 * Banking crisis: November 1930, September 1931, 1992-1995, 1998

Links

 * Estonia on Wikipedia
 * Central bank of Estonia
 * Country profile (pdf) from the Enterprise Studies page (part of the The World Bank Group)
 * Studies from the Library of Congress (1986-1998)
 * BBC country profile
 * Ministers offer Estonia entry to eurozone January 1 - Estonia to enter the Eurozone by January 1st, 2011
 * Estonia Moves to Liberty by Norman Barry, May 2004
 * Articles on Estonia on Mises Estonia
 * Articles on Estonia on Mises Estonia