Thus, the EU economy has already received a significant macroeconomic stimulus, which should lead the EU back to the growth track in 2010. This  BIS Review 89/2009  3  will create the conditions needed for economic restructuring, but every country has to take the necessary steps itself. What are the measures that should be taken to help Estonia out of the crisis? Estonia is part of the EU and the single market, so the framework agreed upon in the EU is also suitable to our economic policy. The general principle we would like to stress is that we must strengthen our ties with Europe and the EU single market even more. This is essential for ensuring the stability and development of the Estonian economy and the financial sector. In order to overcome the crisis, the stability and possibilities offered by the EU and the single market are vital to Estonia. The speed of overcoming the crisis depends on the flexibility of Estonia's enterprises and their success in reorganising production and activities, considering changes in the world and in the EU market. The task of the state is to create conditions supporting the reorganisation and investment. Estonia's economy has, in fact, already displayed a rather good ability to adjust. The main changes include labour market adjustments and decelerating wage growth. This is definitely a difficult, but highly necessary process, which requires state support in the form of both a well-functioning and efficient unemployment insurance system and retraining possibilities.

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