News
Vitsur: We overdramatize euro
25.08.2009
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BBN: So far it’s not even known whether we met Maastricht criteria last year, not mentioning this year, Heido Vitsur, an economy expert at the Estonian Development Fund told ERR News. “When last year’s gross domestic product is reviewed 0.5 pct smaller then we haven’t met the criteria. We overdramatize things. We must understand that getting euro is likely process, not certain arithmetical game where everyone knows what happens,” Vitsur said. |
He said that nothing will happen if we fail to join euro next year. “We live on just the same. Currently it’s hoped that euro brings more investments. If it is so then our efforts are justified,” he said. Vitsur said that analysts and investors have different interests and principles, which is why no one knows whether euro will bring big investments at once. “Euro is beneficial for one, not other,” he said. |
