Juhan Parts: Estonia must do more to ensure euro zone entry
05.01.2010 | Juhan Parts | English news
The minister said that tax collection was better than planned in last year's budget and there won't come an abrupt fall. Thus, he said, the question mark hanging above the accession with the euro can now be taken off.
Parts added that by spring, the budgetary strategy for the next three years must be compiled. "There will be cost-cutting pressure on the public sector but hopefully we don't have to make a lot of cuts anymore," he said.
Parts added that the economy and communications ministry has agreed that the priority of this year is jobs and all new initiatives to create jobs must be supported and entrepreneurship revived.
Parts said that great hopes lay on small and medium-sized companies which should cooperate more and enter foreign markets with common projects.
Speaking of this year, the minister mentioned allocating 2.5 billion kroons for different entrepreneurship programs and deciding upon issues connected to Eesti Energia in the first half of the year.
"We wouldn't want to have another campaign year, we want to focus on real work," said Parts.
Source: www.balticbusinessnews.com
