Visiting Researcher's Guide - EURAXESS Estonia
Visiting Researcher's Guide - EURAXESS Estonia
Visiting Researcher's Guide - EURAXESS Estonia
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Ministry of Foreign Affairs<br />
http://www.vm.ee/estonia/<br />
Eesti Pank, National Bank of <strong>Estonia</strong><br />
http://www.bankofestonia.info/<br />
ESTONIA<br />
The head of the Government, the Prime Minister,<br />
is appointed by the President and approved by the<br />
Riigikogu.<br />
<strong>Estonia</strong> joined the European Union on the 1st of May<br />
2004 together with nine other new member states.<br />
<strong>Estonia</strong> has 6 representatives in the European<br />
Parliament. The <strong>Estonia</strong>n Commissioner siim kallas<br />
is the Vice President of the European Commission<br />
responsible for Administrative Affairs, Audit and<br />
Anti-Fraud.<br />
The national currency of <strong>Estonia</strong> is the kroon<br />
(abbreviation EEk), which was introduced on<br />
20 June 1992. The smaller unit is called the sent, and<br />
1 kroon = 100 sents. The <strong>Estonia</strong>n kroon is pegged to<br />
the Euro; 1 EUR = 15.64664 EEk. According to current<br />
predictions (as of spring 2007), <strong>Estonia</strong> will join the<br />
Euro zone in 2010. The Euro and other currencies<br />
are not accepted in shops, etc., but in most places<br />
prices are shown in Euros in preparation for joining<br />
the Euro zone.<br />
Major foreign currencies can easily be exchanged<br />
in banks and exchange offices. There are exchange<br />
offices in the port of Tallinn, at the airport, the<br />
railway station and at almost every step in the centre<br />
of the city.<br />
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