Bloomberg News

Estonia May Cooperate With ‘Faster’ EU Members, Ansip Says

November 16, 2011

Nov. 16 (Bloomberg) -- Estonia won’t rule out tighter cooperation with European Union members “who want to move faster,” Prime Minister Andrus Ansip said.

“The inability or unwillingness of a single country to adopt change should not be an obstacle for other countries to move on,” Ansip told lawmakers in the capital Tallinn yesterday, according to a transcript on parliament’s website. “A more strongly integrated core, that would be open for those joining later, is not a threat to Europe, but an asset.”

Estonia joined the 27-member bloc in 2004 and adopted the euro in January as the first former Soviet republic. It has previously considered of “utmost importance” that all 27 members move together, Ansip said. Other eastern European countries, including Bulgaria and Romania, this month urged unity for Europe instead of two-tiered integration.

Germany and France, Europe’s economic and political anchors, this month raised the prospect of the 17-nation euro area splintering to force Greece to decide whether it is in our out, prompting investors to open bets on which members are likely to quit the common currency.

--Editors: Alan Crosby, Andrew Langley

-0- Nov/16/2011 09:44 GMT

-0- Nov/16/2011 09:57 GMT

To contact the reporter on this story: Ott Ummelas in Tallinn at oummelas@bloomberg.net

To contact the editor responsible for this story: Balazs Penz at bpenz@bloomberg.net -0- Nov/16/2011 09:10 GMT


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