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Estonia’s Ligi Urges Solid Budgets, Frankfurter Allgemeine Says

Jan. 5 (Bloomberg) -- Estonian Finance Minister Jurgen Ligi said solid budget practice is the key to making the euro less crisis-prone, German newspaper Frankfurter Allgemeine Zeitung reported.

Ligi said in an interview that he will continue to pursue budget austerity and doesn’t aim “at the moment” to sell bonds, the newspaper said.

Estonia joined the euro on Jan. 1, bringing the number of states using the single currency to 17.

To contact the reporter on this story: Brian Parkin in Berlin at bparkin@bloomberg.net

To contact the editors responsible for this story: James Hertling at jhertling@bloomberg.net

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