Estonia


TALLINN, Estonia - European Union officials praised Estonia's budget discipline and said its quick spending crackdown in response to the economic crisis could serve as an example to the wider euro area - a currency bloc it will join in January.

BRUSSELS - European Union nations on Tuesday gave final approval for Estonia to become the 17th country to join the euro, a boost for the tiny Baltic country and a sign of confidence in the troubled currency union.

LUXEMBOURG - European Union nations vowed Tuesday to start cutting debt by next year at the latest and to tighten oversight of each others' finances to regain credibility with markets and rein in the debt crisis.

LUXEMBOURG - The European Union on Tuesday thrashed out ways to toughen oversight of how governments run their economies in a bid to regain credibility with markets and prevent a repeat of the debt crisis afflicting the region.

TALLINN, Estonia - Tiny Estonia won the European Union's backing Wednesday to adopt the euro, overcoming a deep recession to meet the strict requirements and underlining the currency club's allure to small countries - despite Europe's crisis over government debt.
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