bnn.lv Latviski   bnn-news.com English   bnn-news.ru По-русски
Saturday 25.10.2014 | Name days: Beāte, Beatrise

Finnish Minister: I would rather like to be Latvian than Greek

FaceBook
Twitter
Draugiem
print
(No Ratings Yet)

Baltic news, News from Latvia, BNN-NEWS.COM, BNN-NEWS.RU

Alexander Stubb

“Latvia serves as an example of a country that has managed to get out of a highly problematic situation. Those countries that put off austerity measures do not do the rigth thing. They must be carried out now and fast, because it is the only way to regain market confidence, followed by stability and growth,” says Alexander Stubb, Finnish European Affairs and Foreign Trade Minister.

“It is, of course, nice to live in a country that is seen as a model. It is exactly how many view Latvia and Finland today. We have different past, not quite the same systems, but similar problems. I would rather like to be Latvian than Greek,” he told the newspaper Latvijas Avize.

“Last year you were the fastest growing economy in the European Union. I think you have done a good and a responsible thing. You were at the edge of an abyss, just like Finland in the early 90s. Austerity measures were the only way out. I think that in this part of Europe, be it the Baltic or Nordic countries, people understand that you cannot live beyond your means,” Stubb says.

Asked whether new shocks could hit the European Union amid the Greek crisis, the politician points out that one can never know for sure what to expect.

“I would rather say that we have gone through three alarming years and now we are experiencing three relatively quiet months. But I do not think we should relax yet. We have adopted rules governing expenses, we have built a firewall around Greece and many European countries have carried out really tough austerity measures. Latvia is a great example of this. You implemented the most stringent austerity measures but still turned out to be the fastest growing economy last year. There are indeed many good news but it is still too early to celebrate,” he says.

Ref: 102.105.105.1258


Leave a reply

  1. Nikos says:

    He is mad.Does he know how is life in that country.Better live in Greece in spite of crisis.

    Thumb up 0 Thumb down 0

  2. Against hypocrisy says:

    He’s doing politics, he knows that life is quite better in Greece but he want to support Latvian government and its policies, those that make Finland richer and Latvia poorer. We could compare the per capita income of Latvia (12,226 US$) and Greece (27,875 US$)…But of course he would have more than average income… So maybe he would understand better if we remember him Latvian life expectancy for men (67 years old) and Greek expectancy (77 y.o.), I’m pretty sure that definitely he wouldn’t want to be Latvian, hypocrite.

    Thumb up 0 Thumb down 0

  3. Maedhros says:

    The only things Greece has better than Latvia today are the weather and the landscapes.

    None of them is their merit!

    Thumb up 0 Thumb down 0

  4. Ray says:

    Now life in Latvia, especially for politics is very good. Pensioners and people, who don’t know Latvian language have big difficulties, because pensions are small and you should now elementary Latvian to find normal job. But in fact situation is much better than in 2009. And, for my opinion there is no way to compare life in such a different countries..

    Thumb up 0 Thumb down 0

Harmony asks Supreme Court to cancel election results in Latgale

This Friday, October 24th, Harmony party appealed the Central Election Commission’s approved results, asking to completely cancel election results in Latgale, as reported by Saeima deputy Andrejs Elksniņš.

Weather to become warmer in Latvia in the next couple of days

According to meteorologists, it will not be as cold as it was in Latvia a few days ago. The anticyclone that brought cold nights and windy days will gradually fade above the region.

Opinion: Lembergs needs money as desperately as a drowning man needs a lifebuoy

Why do the Union of Greens and Farmers and Aivars Lembergs need the Environmental Protection and Regional Development Ministry? This ministry is needed to save Ventspils from extinction. Aivars needs money as desperately as a drowning man needs a lifebuoy, believes opera art patron Dainis Kalns.

Latvian State Police may arrest seven people for manipulation of football match results

According to information from LETA, Riga City North District Court has applies a security measure – arrest – to former head of Daugavpils football club Dinaburg Oleg Gavrilov, who is also disqualified for life from football.

Italian PM in quarrel with Barroso prior to Eurozone meeting

Heads of government and state of Eurozone countries are on Friday, October 24, meeting in Brussels to discuss budged planning and deficit after the European Commission has warned France and Italy of their budget deficit exceeding EU rules.

New airline to come to Riga International airport this winter; new destinations to follow

With the introduction of a list of winter season flights at Riga International airport, a new airline will enter the airport – Brussels Airlines. It will introduce six flights per week. New destinations will also be added – Cologne, Poprad, Bradford (Leeds) and Brussels (Charleroi).

SP: Imanta paedophile has no prior criminal record

Latvian police continues to search for the so-called Imanta paedophile. Information that has been compiled on him until now suggests he has not been active outside of Riga, notes Chief of Criminal Police Andrei Grishin.

Narcotics users will not be allowed to acquire driver’s licence in Latvia

Persons who were once punished for use of illegal drugs will not be allowed to acquire driver’s licence in Latvia. This is provided by amendments to the Road Traffic Law approved by the Saeima Economic, Agricultural, Environmental and Regional Policy Committee.

EU leaders agree on new goals of climate and energy policy

After discussions that lasted several hours in the European Council, leaders of EU member states finally reached an agreement on contents of the new climate and energy policy for 2030.

Kosovan Foreign Minister makes historic trip to Serbia

For the first time since Kosovo unilaterally seceded from Serbia in 2008, a representative of Kosovan government – Foreign Minister Enver Hoxhaj - has visited Belgrade.

EU to allocate 24.4 million for Ebola virus research

The European Commission plans to allocate EUR 24.4 million from the EU budget to stimulate research of the Ebola virus, as stated in a recent announcement by EC.

Lithuanian meat producer’s decision to ditch «Soviet» sausage brand stirs uproar in Russia

How to express your disapproval with the Russian President if you are a sausage maker in Lithuania? Make sure you scrap the name of the sausage brand that still sends to many shivers down the spine- «Soviet».

Detonator-2014 exercises to help clear territory of former ammunition depots in Cekule

During the international military exercises Detonator-2014, October 13 – 26, the surface layer of the territories surrounding the former ammunition depots in Cekule will be cleared of all potentially explosive items.

NATO spots another Russian reconnaissance aircraft near Latvia

This Thursday, October 23rd, NATO patrol planes spotted a Russian Il-20 radio-electronic reconnaissance aircraft above neutral waters near the Latvian border, as reported by Latvian National Armed Forces.

Agricultural farms become larger in Latvia

Last year, the average size of farms in Latvia was 37.8 ha, which is 9.6% larger than in 2010, when their average size was 34.5 ha, according to provisional data on the structure of Latvian farms.

Saeima approves significant amendments to the Labour Law

This Thursday, October 23rd, the Latvian Saeima approved significant amendments to the Labour Law, which provide new duties, responsibilities and rights to employers and employees.

Business procurement activity on a rise in the world

Preparedness to perform business merging and sales has reached its highest point in the past three years. 40% of interviewed entrepreneurs admit they have plans to carry out business procurement deals in the near future (35% in 2013 and only 25% in 2012).

Estonia submitts protest to Russia for reconnaisance plance entering airspace

The Estonian Ministry of Foreign Affairs has issued a demarche to Russian Ambassador over a violation of Estonian airspace commited by a Russian reconnaissance plane on October 21. The incident has attracted increased attention after the abduction of Estonian security official from across the border and amid increased Russian naval activity in the Baltic Sea.

Cold snap in Latvia forces air temperature down to -8° C

This Thursday morning, air temperature in Latvia was recorded at -8° C, as reported by Latvian State Environmental, Geology and Meteorology Centre.

Food products to have specific requirements on concentration of fatty acids

In order to secure availability of healthier foods, food products will have a new requirement for concentration of fatty acids. This is provided by amendments to the Food Product Circulation Law approved by the Latvian Saeima this Thursday, October 23rd.

Police in Canada in search for possible accomplices of parliament attack

Police in the Canadian capital of Ottawa, is looking for persons that might have taken part in the Wedndesday, October 22, attack at the Canadian parliament.

Vilks to Lembergs: showman’s tricks are not enough to secure a budget in the interest of society

«Everyone knows about Baron Münchhausen, who earned world fame with his unbelievable stories, but many do not know that Latvia has its own Baron Münchhausen from Ventspils. I have talked about him in 2011. However, to make sure everyone can understand what we are talking about, I believe it is worth mentioning a few fundamental ABCs Mr Lembergs is either unaware of or uses them to manipulate public opinion,» – says Latvian Finance Minister Andris Vilks.

Microsoft to drop Nokia brand on smartphones

American computer technology corporation Microsoft has decided to abandon the Nokia brand in the new smartphones – the controversial step has been announced less than a year of Nokia's acquisition.

Foreign media: mysterious submarine causes cold shivers in Baltic region

The appearance of the mysterious submarine near Stockholm has sent cold shivers down spines of counties of the Baltic Sea region, which have experienced numerous land, sea and air border violations from Russia’s side, according to foreign media.

Latvian President gives government one week to divide areas of responsibility

Latvian President Andris Berzins has asked parties of the forming coalition to reach an agreement on the division of ministries by October 29th, as confirmed by Unity’s leader Solvita Aboltina after her meeting with the President.

Newest comments