20 DECEMBER 2010

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Article from BTNews 20 DECEMBER 2010

Estonia joins the Euro

On the 1 January 1 2011 Estonia becoming the latest country to adopt the Euro.  How the problems of Greece and Ireland affect its arrival remains to be seen, the change of currency planned for some time. 

Coinciding with the new financial arrangements Tallinn, the capital, joins with Turku (Finland), as one of the two European Capitals of Culture next year.

To welcome the Capital of Culture year the city will host an opening ceremony and music festival, centred around Theatre Square on 31 December with fireworks at midnight, lighting up the city's coastal location, the port a popular summer cruise destination. 

The event will be attended by Estonia's Prime Minister, Andrus Ansip; accompanied by his Latvian and Lithuanian counterparts, Valdis Dombrovskis and Andrius Kubilius; European Commissioner for Economic and Financial Affairs, Olli Rehn; and the former President of the Bank of Estonia, now European Commissioner for Transport, Siim Kallas. www.visitestonia.com

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