"IT-business here in Estonia is hireing like hell"

Fully untrue! And Barclays is investing into Lithuania, the only one that "is hiring like hell".

Also: Name me anything innovative in IT that is "Made in Estonia" in the last two, three years.

Because I honestly don't know about anything innovative I've recently seen over here...

Germany has now about 4 Mio unemployed - so this little downperiod here is not a big deal and b.t.w. IT-business here in Estonia is hireing like hell - and my little experts: Euro absolutely will help out of this - We have allready several german investments just waiting to open in Estonia.

I dont think that "growing unemployment could become an obstacle for Estonia's entry to the euro zone" since it is not measured or any objective for euro entrance, but certainly a further growing unemployment is a problem for Estonia itself.

It should be understood that with the current, but constant deployment rate, the expectations of fiscal revenue must be reduced that leads to further state budget cuts that leads to even further deployment directly, and indirectly through lower consumer power.