Estonian kroon received real coverage with the reserves backing the kroon. The issue of treasury notes and exchange notes was terminated. In order to secure the credibility of the kroon, the Bank of Estonia exchanged kroon for foreign currency. All these measures restored confidence in the domestic banking and monetary sector, contributing to the economic reinvigoration of the country and to the improvement of the reputation of the Estonian state in the international arena. During the Great Depression in 1933, the kroon went off the gold standard, devalued 35% and obtained a currency peg with the Great Britain Pound (GBP) at 1
Robert Kroon not yet been published as of July 2007. Kroon had reportedly been responding well to his chemotherapy treatment. However, he was hospitalized on June 20, 2007 and died four days later in a hospital clinic near Lake Geneva. Kroon was 82. He was survived by his son and daughter, Peter Kroon and Tesa Kroon, as well as his partner, Yvonne Kilian. Robert Kroon Robert L. Kroon (1924, The Hague – June 24, 2007, Genolier) was a prominent Dutch journalist who reported on conflicts and other stories as a foreign correspondent from Africa, Asia and Europe for nearly 60 years. Kroon