Tag Archive: Euro


EURO

So euro has been our currency for two weeks already and i kind of hate it. If i have to wear a wallet what is full of coins, what fall out all the time, then i expect results in the future. I don not have a lot of trust in it yet, because i do not trust Estonian politics. I just aint that stupid to believe everything what is told to me. So i wont trust in euro, before i see results. Also it is bad that in SEB bank you cant take out less then 10 euros, so if you have nine euros and cant pay with a bank card, then you are screwed. It is really weird that there is a 500 euro bill and a 1 euro cent. I think that someone in Belgium should lose 1,2 and 5 euro cent. Only positive thing about euro, what i see right now, is that we can now use same bills almost everywhere in Europe.

EURO

Every innovation has a number of supporters and a number of opponents, so it is not a surprise that so does euro.
In my opinion, it was great to have Estonian kroons, which were used only by us, Estonians, and which were the symbols of our country. But in the other hand, having euro is economically good for Estonia, so all in all it was a beneficial change, in my mind. And I think that while using euro, Estonians will not forget our lovely kroons.

Random thoughts:
* I imagine myself showing old Estonian kroons to my grandchildren and telling them stories about our own Estonian money that we once had. This will happen after 100 years, of course. 😀
* I am afraid that there are some people in Estonia who have still heard nothing about euro. So on the 15th of January they will be really shocked when hearing from the shopkeeper that the money they have used for 18 years is not accepted any more.
* It’s pointless to calculate every euro prize to kroons. It doesn’t change anything. I think it is better just to remember the new euro prizes and compare them to each other. Calculating makes us only more confused and it’s more difficult to get used to new prizes.

Euro

When I first heard a few years ago that some day we’ll pay in euros in Estonia, I thought who cares it is so far in the future. But now it is here and I’m still not used to it, although I’ve been to many countries which have euros. At that moment few years ago I thought euro is good for Estonia because of the turists and we don’t have to exchange money when we go abroad. I still think it is good in that way, but now I already start to miss Estonian kroons. I don’t have paper money in my purse, only coins. Although today I got rid of most of my coins when I was paying in the shop and my purse seems to be very empty.

Now I don’t value the money at all. When I go to the shop, look at the prises and see that ot only costs 2 euros, I think it is just one coin. I don’t think about the actual value which is about 32 kroons. And that is how my money goes. Actually when I went to a shop on New Years Eve, I was wondering why are all the prises so small. I thought that it must be an epic discount. I though how on earth can a candy bar cost only 0,65 (random prise). Then I realized that already the prises are in euros and so I understood that euro will be our money starting from tomorrow.

It is kind of sad that we don’t have kroons anymore but Estonian euros are also nice and shiny at the moment compared to other countries’ euros.

Euro

There has been a lot of fuzz about the coming of the Euro, especially last year before it came. Of course it is actually good that people talked and discussed about it so much, no matter good or bad, because then people kept track with it and were not confused when it came. Some people like it and some do not. I would say that, I don`t jump for joy because of it but I am also not against it. It is just another currency reform. The only thing I do not like about Euro is that it has so many cents with low values. Also every note which value is over 50 Euros is pointless because either Estonian people are too poor or there are too few shops that would accept them.

Yo, euro!

In a couple of days, Estonia will be a complete member of the eurozone. Having a new currency is a pain in the back, but once we all get used to it, we can only benefit. I hope our economics and salaries  get a huge boost in the following years to come, because at the moment payments in estonia a ridiculously low. It feels bad getting only a third of the amount of money another person in Germany gets for doingthe same job. People should not be worried about prices going up, because the amounts are small and all the money we spend more means extra funds in our economics, which hopefully will cause our salaries to grow.

евро

The first time I heard Estonia was going to have the euro in January 2011 was something like the beginning of 2010 I believe, or even earlier. Then it didn’t really bother me because I always thought it’s in the far future and anyway something will happen and we will stick to kroons. Then it became closer and closer and about six months ago they seriously started introducing us to this ugly-looking currency and I realised this time it’s the real deal.

Time flew by and here we are now with this new currency and.. I think it hasn’t really hit me yet. I mean at first I was more anti-euro than I am now but I still can’t realise our precious kroons are gone. I used to be repulsed hearing the words ‘euro’ and ‘Estonia’ in the same sentence but now I guess I don’t mind that much. I mean obviously it’s annoying having all those coins and basically no paper-money in every-day-use but when you think about it, it’s only a way of paying and nothing more. It’s not like they’re taking away our language or anything.

So of course it doesn’t make me happy but there’s nothing I can do about it anyway so why not just accept it.

Euro is here

So the infamous euro is finally here. I only remember a few months of whining about this. At first I was completely against euro. I thought about the nationality of kroon and that this is one of the things that identifies our little country and its people. It was something discerning us from the rest of Europe. Day by day, reading articles about euro and its influences on Estonia and listening to everyone speak about it, I started to realise how it benefits us. Yes, it will, and already has raised most of the prices in our shops but I hope it will finally help to increase our economy and the salaries.
Though I don’t travel that much, I’m hoping to do that more in the future and then it is so much easier to understand the actual prices and I won’t have to carry a stupid calculator with me all the time or just spend that much more as I approximately calculate the values in my head.
Yet I know that it will probably take years before I stop deciding if something is cheap or expensive only after reckoning the price in kroons.

The Euro

  Euro is our new currency and we have to accept that. Some people were or are quite sceptical with it but some welcome our new currency with smile on their face. I think that I belong to the second group because in my opinion, euro in our country is a big step forward.

I’m not quite used to euro yet but I think that it isn’t very big change for me because I travel a lot and abroad I have to pay in euros. Only one thing will be strange – I am used to change money when I go to abroad and have it as my spending money but now I have the same money in my pocket all the time. So, I have to be more careful with spending money. Secondly, like most of the people in stores, I check the old currency prices as well. I have to get rid of this habit because why to compare euro and kroon when kroon doesn’t even exist after the 14th of January?!

Overall I think that Estonia made the right choice. We just have to get used to it!

When thinking about the currency euro, it simply makes me angry. Why on earth did we need it? Seriously- everything it brings is trouble.
As it comes to me, paying by card is really not my cup of tea because I can’t keep track about how much I’ve spent. But now I should probably get used to it because there is no way I’ll be carrying tons of coins in my wallet. Therefore it is quite predictable that in future I’ll waste all of my money at once and that really does suck.
I also pity the shopkeepers, honestly, there is no way I would do their job. They look so troubled these days. Of course it might get easier for them once we can’t pay in kroons anymore but, counting the euro coins is really annoying. But paying in cash leaves the poor shopkeepers nothing else to do than count the money and that takes an awful lot of time.
The appearance of Estonian kroon and euro is also incomparable. The Estonian kroon is beautiful, well-designed while the euro banknotes are too plain and in my opinion even ugly.
So, all in all I’m very disappointed bu the currency change but I guess I’ll just have to live with it and adjust, hopefully in time I’ll become less resentful towards euro.

Euro has come to Estonia and it’s here to stay. I have already heard of all the good things that the euro will bring like fixing our economy, bringing foreign investors and so on. But all of these are mostly long term things and so we have to wait to truly see the benefits of euro. Only thing that got better immediately with the conversion was that it is now easier to travel within the Euro Zone and it is also little bit easier to order stuff online, which I do quite often, because electronics are ridiculously overpriced in Estonia. There is actually a possibility that the prices for some more expensive things might drop in Estonia, since the competition over prices between Estonian and European merchants is now more transparent with the same currency.

So with all these good things aside, we’re all left with negative things for the time being. The biggest annoyance so far for me has been the coins. Bank notes are simply more convenient then coins. So I seriously don’t like the abundance of coins in the euro currency. It’s like a step back to the medieval ages, when everyone carried a big pouch full of shiny coins to the market. Of course the step forward from bank notes would be the bank card which I intend to use whenever I can from now on.

The big second negative thing would be the price rise. The currency exchange gives an excellent opportunity for greedy shop owners to rise prices. The most obvious chance to slightly rise prices would be rounding the prices to a more convenient sum of money. Of course I wouldn’t like to see prices like 12.08€, but the rounding could be still more client friendly.

The last thing would be more of a personal preference thing, but I would like to see someone argument that euro bank notes look better than kroons. The euros are too bland and minimalist when compared to the kroon paper bills. Also the illustrations on the kroon actually meant something, whereas the pieces of architecture depicted on the euro bank notes don’t even exist.

I would like to end on a positive note by saying that at least Estonia is more secure with the euro than it was with the Estonian kroon. If the kroon should have fallen then Estonia would have been alone with its financial troubles. If the euro should fall then half of the world’s economy would be in serious trouble and then we will at least feel happy that we aren’t the only ones.