The government adopted tough austerity measures and won plaudits for getting the economy back into shape ahead of entry to the European single currency in January 2011.

BBC: Estonia country profile

Big business in the shape of the Confederation of British Industry also favours entry, if not immediately.

ECONOMIST: Why Britain will not be rushing into EMU

In the spirit of openness now sweeping the country, officials acknowledge that the economy was in no shape, for instance, to prosper after Myanmar's planned entry into a single market among the ten-country Association of South-East Asian Nations in 2015.

ECONOMIST: Myanmar��s startling changes