Veskimägi: I can't see government's euro-plan
07.09.2009 | Taavi Veskimägi | English news
Taavi Veskimägi, who's leaving the Parliament and Pro Patria Union (IRL) said that he doesn't see the government has a plan how to join euro, ERR News reports.
He expressed hope that the euro will come on January 1, 2011.
"I'd hope that it'll come. But it should be asked from the government and the PM," former Minister of Finance said.
He noted that how Estonia is coming out of the crisis is depending on the government. He emphasized that the government doesn't know how to adapt euro.
"I can't see a plan. But perhaps it happens," he said.
He noted that this year the government is missing EEK 1.5 bln of necessary EEK 4 bln cut and now the situation is serious.
"To cut EEK 1.5 bln of state expenditures in the last quarter is quite difficult without making wrong decisions," he said.
Veskimägi said that he doesn't have an idea what the next year's budget will be like despite the fact that there is 3 months to the end of this budget period and new budget must be passed to the government by October 1.
"I don't know what budget of 2010 will be like," Veskimägi said.
Source: www.balticbusinessnews.com
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