President Ilves finds cashless society best way to protect democracy ({{commentsTotal}})

Speaking at the Open Estonia Foundation's XXI Open Society Forum on Thursday, President Toomas Hendrik Ilves found that a cashless society would be the best solution for the protection of democracy.

Ilves brought up the idea at Thursday's XXI Open Society Forum: "Russia in Europe: What Does the Future Hold?" taking place at the Nordic Hotel Forum in Tallinn, where he noted that among the top methods employed by the soft power approach to international relations, which aims to "attract and co-opt" rather than coerce, was untraceable cash.

Ilves noted that corruption, in which cash plays a key role, flourishes in countries where democracy is weak. Thus the Estonian head of state found that, in getting rid of cash altogether, democracy could be strengthened considerably. In his opinion, technology would be ready to handle such a switch.

In his opinion, such a change would also prevent a situation in which a politician who lost elections in Germany would find work at Gazprom practically the following day.

Ilves reminded listeners that 500-euro notes are not being removed from circulation for no reason — it was utilized by a great number of criminals.

The European Central Bank decided at a meeting in Frankfurt earlier this year to permanently stop issuing 500-euro notes in 2018, when 200- and 100-euro notes will be introduced instead.

Editor: Editor: Aili Vahtla

Easter Monday a public holiday? But you're forgetting productionEaster Monday a public holiday? But you're forgetting production
Estonia’s Easter Monday time loop: Discussing an additional day off

Every year, Estonia reliably asks itself the question whether or not Easter Monday should be made a public holiday. Opinions differ. While one side emphasizes the importance of family time, the other thinks an additional day off would threaten economic growth.

Minister of Social Protection Kaia Iva (IRL).Minister of Social Protection Kaia Iva (IRL).
Samost: Kaia Iva’s charisma could help IRL out of long-term low

In Sunday’s “Samost ja Rumm” radio debate show, editor-in-chief of ERR’s online news, Anvar Samost, and journalist and former politician Hannes Rumm discussed the potential and actual candidates for the chairmanship of the Pro Patria and Res Publica Union (IRL). At the time of the broadcast, Helir-Valdor Seeder had not yet made his intention to run public.