I - Political context

Political change
What is the political context of the Eurozone crisis period in Estonia? Have there been changes in government, elections, referenda or other major political events during the period of 2008-present?

Estonian political landscape remained stabile throughout the crisis. Prime Minister Andrus Ansip formed three governments, in 2005, 2007 and 2011, respectively. His party, the Reform Party maintained popularity in spite of economic reforms and stringent austerity measures taken during the crisis, winning regular parliamentary elections both in 2007 and 2011. After nearly nine years in office, on 26 March 2014 Andrus Ansip resigned as Prime Minister and a new government was formed. The new Prime Minister Taavi Rõivas leads a coalition consisting of two political parties – the Reform Party and the Social Democratic Party. The latter replaced in the government the Pro Patria and Res Publica Union. Effectively conducted economic policy enabled Estonia to adopt the Euro on 1 January 2011, in the midst of the economic crisis.