Eesti referaat
laws. The present Chancellor of Justice is Allar Jõks. The President of the
Republic is the Head of State and Supreme Commander of National Defence
forces. He represents the state, appoints and recalls diplomatic
representatives of the republic, appoints and dismisses members of the
government, nominates candidates for the posts of Chief Justice of the
Supreme Court, Chairman of the board of the Bank of Estonia, Auditor
General, Chancellor of Justice and CommanderinChief of the Defence
Forces all to be approved by the Parliament. The present President of Estonia
is Toomas Hendrik Ilves (Lynx).
THE ESTONIAN KROON, BANKING AND TAXES
The Estonian kroon was introduced in June 1992. The kroon's
exchange rate has not changed since 20 June 1992. The Estonian kroon is
tied to Euro (1 EUR=15,6466 EEK). Estonia has a currency board system.
The responsible monetary authority is the Bank of Estonia.