Estonian Support for Currency Switch Still Low


Estonian euro collectibles were made available at banks in December.
( Photo: Postimees/Scanpix )

Little has changed in the last three months, as only 25 percent of Estonians support their country's adoption of the euro, a survey by the Institute of Economic Research finds.

On the other hand, 34 percent oppose the euro changeover and another 39 percent of survey participants said they do not have an opinion.

The survey finds that women are more pessimistic than men toward the euro. Thirty-two percent of those with higher education see joining the common currency in a positive light, while only 19 percent of those having secondary education support it. The elderly were less keen on the euro, while people aged 30 to 49 were the biggest supporters.

The Institute of Economic Research is owned by the Chamber of Commerce and Industry, the country's largest business association.