EE: More euros than kroons in circulation in Estonia.

By bne IntelliNews January 11, 2011
Bank of Estonia indicated that as of Monday there were more euros in circulation in Estonia than Estonian kroons. The bank indicated that as of 1pm Monday there were EUR 255mn of euros in circulation, while Estonian kroons in circulation amounted to the value of EUR 250mn. Euros and Estonian kroons remain parallel means of payment in Estonia till January 14th, while kroons can be exchanged for euros in all banks in Estonia till the end of June. Limited number of banks will continue exchanging kroons till the end of 2011 in Estonia. While the Bank of Estonia will continue exchanging kroons for euros into 2012.

Related Articles

EE: Estonian Air records EUR 49.2mn loss in 2012.

Estonian national airline Estonian Air recorded net loss of EUR 49.2mn in 2012, up from net loss of EUR 17.3mn in 2011. Operating loss amounted to EUR 35.8mn in 2012. Revenues of the company ... more

LT: Malsena acquires Latvian flour manufacturer Rigas Dzirnavieks.

Lithuanian flour manufacturer Malsena announced that it has acquired Latvian flour manufacturer Rigas Dzirnavieks. The company indicates that with the acquisition it will become the largest flour ... more

EE: Estonian Air to return excess Embraer airplanes.

Estonian national airline Estonian Air announced that it agreed to pay penalties for returning two excess Embraer E190 aircrafts to the manufacturer. The company has started restructuring and ... more

Notice: Undefined index: subject_id in /var/www/html/application/controllers/IndexController.php on line 335
Dismiss