hi ▁became ▁the ▁second ▁post - S ov iet ▁Prime ▁Minister ▁of ▁Est onia , ▁succeed ing ▁Ed gar ▁Sav is aar . ▁During ▁this ▁first ▁st int ▁as ▁Prime ▁Minister , ▁he ▁emb ark ed ▁upon ▁a ▁vast ▁programme ▁to ▁transform ▁the ▁country ' s ▁economy ▁from ▁its ▁being ▁cent r ally ▁controlled ▁into ▁a ▁more ▁free ▁market ▁economy . ▁His ▁government ▁also ▁introduced ▁the ▁Est onian ▁currency , ▁the ▁K ro on , ▁in ▁June ▁ 1 9 9 2 . ▁He ▁also ▁founded ▁the ▁Est onian ▁Priv at isation ▁Agency , ▁which ▁emb ark ed ▁on ▁the ▁priv at isation ▁of ▁government - owned ▁assets ▁to ▁the ▁private ▁sector . ▁ ▁As ▁agreed ▁when ▁he ▁assumed ▁the ▁post ▁Prime ▁Minister ▁in ▁the ▁transition ▁government , ▁V ä hi ▁did ▁not ▁particip ate ▁in ▁the ▁parliament ary ▁elections ▁on ▁ 2 0 ▁September ▁ 1 9 9 2 . ▁ ▁In ▁ 1 9 9 3 , ▁he ▁was ▁elected ▁Chair man ▁of ▁the ▁Est onian ▁Co al ition ▁Party . ▁The ▁parliament ary ▁elections ▁of ▁March ▁ 1 9 9 5 ▁gave ▁victory ▁to ▁the ▁K M Ü ▁coal ition , ▁compr ising ▁the ▁Est onian ▁Co al ition ▁Party ▁and ▁the ▁People ' s ▁Union ▁of ▁Est onia ▁Part ies . ▁As ▁leader ▁of ▁the ▁Est onian ▁Co al ition ▁Party , ▁V ä hi ▁was ▁asked ▁by ▁President ▁L enn art ▁Mer i ▁to ▁form ▁a ▁government . ▁App oint ed ▁Prime ▁Minister ▁for ▁the ▁second ▁time ▁in