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Friday 23.02.2018 | Name days: Haralds, Almants
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Lawyer: ex-prime minister relied on liberalism too much

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Baltic news, News from Latvia, BNN-NEWS.COM, BNN-NEWS.RUDuring his first term of being a prime minister, Ivars Godmanis made a historic mistake by relying too much on liberal-economy theories, Andris Grutups, lawyer and the former member of the Supreme Council, told the magazine Kapitāls.

«Back in the 90s, we were not aware of many things, which was one of our ideological mistakes. We thought it right that foreigners entered with their capital. We did not care whether they were Swedish, German, British, American, etc. We believed it would not be that easy to occupy us if so many states owned something here. I have realized quite fast that public companies need not be sold as soon as possible. The state calls for protectionism. I see it perfectly well that we cannot manage all of the property because of our limited capacity, but we have to do our best,» he says.

Grutups adds Latvia has currently been deprived of what it could once boast about the most – its production.

«We were producing a lot back in the 30s and especially during the Soviet times. Then we did away with it with an idea that we should be some kind of a commerce hub and we need only agriculture and banks. It is the mistake of Ivars Godmanis that he followed the wrong theories during his first term of a prime minister,» he adds.

Upon commenting on his relations with the ex prime minister and businessman Andris Skele, during whose term many Latvian companies changed hands to foreign owners, Grutups points out back then Skele was following the liberal ideas that one could sell and buy everything.

«The current prime minister Valdis Dombrovskis thinks similarly. He represents only people educated in finances and economy, without a deep understanding of national matters,» Grutups says.


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