Ligi Presented Finance Minister of the Year Award

[Äike]

Ligi Presented Finance Minister of the Year Award

The Banker, a magazine owned by Financial Times Group, has credited Estonian Jürgen Ligi as the year's best finance minister in Europe.

The magazine polled bankers and economists, who commended Ligi for containing the national budget deficit during the recession to meet the conditions of entrance into the Eurozone.

"When Jürgen Ligi takes his place for the first time at meetings of eurozone finance ministers in 2011, some of his peers may well be seeking his advice [...] Mr Ligi managed to drive through measures that helped shave 9% off the deficit in 2009, and a further 3% in 2010," wrote the magazine. "It is a painful irony that these measures helped Estonia qualify to enter the Eurozone, just as the latter is battered by the failure of some existing members to pursue such rigorous fiscal policy.“

Elsewhere around the globe, those picked for the Banker' award included Chilean Felipe Larrain for the Americas, Jordanian Mohammad Abu Hammour for the Middle East and Ghana's Kwabena Duffour for Africa.

Last October, Ligi was also recognized as finance minister of the year by the publication, Emerging Markets.

[esaima]

That Ligi is one of the key persons in Estonian establishment.No wonder that so much glorifying stories about it.

Truth must be told, Estonian minimum wage is not yet the "wage of the year".At least not in European context.
Minimum wages in EU Member States, Croatia, Turkey and the USA, January 2010, in PPS.PNG

[Äike]

That Ligi is one of the key persons in Estonian establishment.No wonder that so much glorifying stories about it.

Truth must be told, Estonian minimum wage is not yet the "wage of the year".At least not in European context.
Minimum wages in EU Member States, Croatia, Turkey and the USA, January 2010, in PPS.PNG

Do you get minimum wage?

[esaima]

Do you get minimum wage?

No.

But that minimum wage is low compared to EU and government should look more towards it´s own people.

[Äike]

No.

But that minimum wage is low compared to EU and government should look more towards it´s own people.

I'm certain that people who have a decent job, get more than the minimum wage. The average wage in Estonia isn't that bad.