Today, Eesti Pank and the European Central Bank are launching the Euro Campaign Estonia 2011, an extensive media campaign to help the people of Estonia to become acquainted with the euro banknotes and coins, the security features of the banknotes and the changeover modalities.
Favourable financing conditions are essential for the economy to continue its recovery and to counter the negative impact of the pandemic on the inflation path. We continue to judge that favourable financing conditions can be maintained with a moderately lower pace of net asset purchases under the pandemic emergency purchase programme (PEPP) than in the second and third quarters of this year.