bnn.lv Latviski   bnn-news.com English   bnn-news.ru По-русски
Friday 27.03.2015 | Name days: Tālrīts, Gustavs, Gusts

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

Number of cancer patients in Latvia up by 39%

While cancer treatment technologies continue developing in Europe, the number of cancer patients in Latvia continues increasing.

Multiple airlines institute rules to have two people in cockpits at all times

Latvian national air Baltic airline currently performs the necessary activities to institute new rules for pilots. In particular, new rules are aimed to make sure that if one of the pilots has to leave the cockpit for one reason or another, one of the crew members will have to enter the cockpit and remain there until the pilot has returned.

Delna: a weak CPCB leader negatively impacts state security

Yaroslav Strelchenok is not suitable to lead Latvia’s Corruption Prevention and Combating Bureau, according to Delna Society for Openness. It is a matter of ethics, strategic view, ability to make decisions and take responsibility, leading skills, motivation of workers and development.

Rinkevics: Latvia strongly supports Moldova’s reforms and relations with EU

«Latvia will continue supporting Moldova’s reform process, progress of realization of development projects for regional, municipal, communications, marine transport and education development. Latvia will also share its experience in the EU,» – said Latvian Foreign Minister during his visit to Moldova.

Riga airport to welcome summer season with new airlines and destinations

SAS airline is set to return to Latvia this Sunday, March 29th. Ukraine International Airlines and Swiss International Air Lines will also begin working at Riga International Airport this year. Latvian national airBaltic airline will make passengers happy with multiple new destinations to explore.

Sparitis: presidential election scenarios have been decided behind the scenes

Head of Latvian Academy of Sciences Ojars Sparitis believes talks about the next President of Latvia are necessary on one hand. On the other hand, however, it is possible that scenarios for the election of the next president have already been decided behind the scenes, as reported by lsm.lv.

Opinion: Economy Minister – a girl with Lembergs’ platform

«Up until now politicians led by others from behind the scenes have largely remained within one of two categories – largest cretins and drivers’ sons. Economy Minister Dana Reizniece-Ozola has presented herself as a wonderful example of a completely new category,» – notes journalist Aivars Ozolins.

Bondars discusses security of the Baltic region in USA

«It is very important for Latvia to learn the opinion of its allies on different levels. Only by maintaining personal contacts it is possible to accomplish the maximum cooperation potential. Our allies should be able to clearly see our position so that there are no doubts about our readiness to act cooperatively,» – believes Latvian Regional Alliance’s presidential candidate Martins Bondars.

Germanwings catastrophe: co-pilot wanted to ‘destroy plane’

According to recordings from the recently discovered black box of the crashed Germanwings passenger aircraft, the co-pilot wanted to destroy the plane, as noted by French authorities.

Construction costs up by 1.8% in Latvia

Compared to January, construction cost level grew by 0.1% in Latvia in February 2015.

Snow to return to Latvia next week

Active cyclones will dictate weather in Latvia at the end of March and beginning of April – precipitation is expected to come every day. In addition, precipitation may be especially intense during some days. Cold masses of air will be carried to Latvia, and there is a high probability of snow.

Multi-millionaire Lithuanian MEP turns into a cry-baby amid prison fears

How to retain cool composure amid the looming jail prospects?

Donations to Aivars Lembergs’ party have reduced more than six times

Last year, Aivars Lembergs’ party For Latvia and Ventspils received EUR 2,236 as donations, which is significantly less than what the party was provided in 2013, when the total amount of donations reached EUR 14,375.

LRA: state budget funding for parties should be reduced for failed pre-election promises

Latvian Regional Alliance categorically opposes amendments to the Political Parties Financing Law that provide for an increase of state budget financing of political parties that received more than 2% of votes during elections.

Micro-enterprises to be allowed to be founded only in certain industries

This Thursday, March 26th, the Saeima amended the Micro-enterprises Tax Law in the second reading. Approved amendments provide a list of industries in which micro-enterprises are allowed to choose to pay micro-enterprise tax.

Baltic and Nordic businessmen are optimistic about Ukraine’s future

Ukraine has a large potential for economic growth, and Ukraine knows how to use it, said the head of the International Monetary Fund in Ukraine Jerome Vacher during the recent Nordic and Baltic business days conference in Kyiv. Representatives of other countries also said that Ukraine is on the right path for developing its business environment.

Term for Strelchenok to submit his work assessment form is extended

Prime Minister Laimdota Straujuma has extended the term for submission of Corruption Prevention and Combating Bureau Chief Yaroslav Strelchenok to submit his work assessment form.

Saeima to continue reviewing amendments to Micro-enterprise Tax Law

This Thursday, March 26th, the Saeima will decide on amendments to the Micro-enterprise Tax Law in the second reading. These amendments are intended to bring changes to this tax rate.

Constitution Protection Bureau ask State Chancellery Director to come over for a talk

This Wednesday, March 25th, Director of Latvian State Chancellery Elita Dreimane received word of postponing of her professional evaluation. The reason for this is because she has been called in to the Constitution Protection Bureau.

Russia plans to stop paying pensions to citizens living abroad

Russian State Duma has developed a draft that provides for a halt of paying of pensions to Russian citizens living abroad, as stated by Russian State Duma deputy Mikhail Degtyarev in an interview to Izvestia.

PHOTO: Latvia commemorates Siberia deportees

This Wednesday, March 25th, Latvia commemorated victims of deportations and Communist genocide of March 25, 1949. Commemorative events were held at Skirotava station and Freedom Monument in Riga.

China experiences smallest GDP increase in the last 24 years

Eight out of ten Chinese companies had experienced significant payment delays in 2014, according to data compiled by Coface credit insurer.

Experts explain that ECB’s ‘money printing’ will affect Baltics

In Eurozone, central banks of Baltic States take part in the European Central Bank’s latest ‘money printing’ programme. This includes procuring state bonds and bonds of European international organizations. However, Baltic States do not have a sufficient amount of local bonds for their central banks to procure.

In pictures: Spring menu for latest tablets

The first months of 2015 have been relatively silent, as far as product launches of tablet computers concern. Now, several new gadgets are about to be served on the spring menu.

Pre-orders for new Samsung smartphones now available in Latvia

This week marks the launch of pre-orders for the latest Samsung smartphones – Galaxy S6 and Galaxy S6 Edge – in Latvian mobile phone operator stores and largest shopping centres in Latvia. Residents can now register a pre-order for these devices in order to acquire them as soon as they become available in the country.