Latvian Political Monitor

“Strengthened Latvia's security, economic interests and support for nationals” 0 193

"Total unpreparedness in minds" - Cabinet to adopt decisions that will eliminate problems found during the storm (1) We must be able to hold out for 72 hours

PVD will be able to control transit grain cargoes in Latvian ports.

But nothing has been lied about. The goal was for airBaltic to keep flying, and it could only fly by saving (coming to terms with) creditors, thereby de facto losing most of the state's control over the company. My bet is that the state will still be forced to inject something when the promised strategic investor arrives, and if we want some kind of connectivity with Riga… of course, if it comes. But that will be after the elections. 😀 however, time and liquidity have been bought. Yes, at a high price. And it is not the state that pays, but airBaltic itself, including to the state. They will clear the field, and bondholders, to whom the company is already in debt, will get better collateral... Bridge financing has been found, and more than planned. The state has an option to participate proportionally in this new issuance as well. I think the state will not participate. The most likely end game is that the debt holders will be saved, the company will fly, but Latvia's stake in the company will be negligible. But there will be an option to participate with cash, like buy back what was lost. Logically, the only question here will be whether the new owners will be interested in keeping the 'hub' in Riga or not.

Economist assesses the first 100 days of the Kulberg government: progress in security, results still awaited elsewhere

Dombrava and Kozlovskis survive confidence vote in Saeima

The surprising return of anti-corruption fighters. 15th Saeima election list No. 10 - New Conservative Party

BNN Focus | Four years, three governments and old problems: how has Latvia reached the elections?

⚠️ Why did Latvian Radio and Latvian Television news services NOT work in crisis mode during and after the storm? Just now, a SEPLP representative explained to Saeima deputies in a presentation that they followed the letter of the law — neither President Rinkēvičs, nor Prime Minister Kulbergs, nor Cabinet ministers had declared a state of emergency. Therefore, the radio and television program was not changed or adapted to the real crisis situation. While people were left without electricity, communications, and necessary information, public media continued their regular programming. Bureaucracy had NO CRISIS SITUATION — so everything was fine on air! Fantastic state administration logic: we don't declare a state of emergency and then announce that there was no reason to work in crisis mode.

Valainis: Kulberg's government is technical because it has not started work on the state budget.

A new storm raised by Kulbergs to forget the previous one. On 22/08, storm aftermath management was AK's responsibility with the Crisis Management Center directly under him, who turned out to be 000. He even dared to say that this is not a real crisis. Good that @KEM_Latvija VS Līga K. took over crisis management.

@RKrumin @AndrisKulbergs @aldis_voitenko @Apvienotais_ Because that is doing - not talking.

Kulberg's visit to Pärnu against the backdrop of Nepal events has raised confusion; office provides explanation

And still being prepared? The giver.🤡 This person is a d...er, not a doer. Remember that at the elections. https://t.co/O0ixHvBRHe

Reliable sources report that Transport Minister Rihards Kozlovskis has given his blessing for Lemberga, Martinsons and IT cartel candidates (Andris Liepiņš, Krišjānis Krūmiņš, Juris Kanelis) to join the RIX Airport board. Looks like in JV's pre-election hunger, security and state interests are out the window.💥

@mansviedoklis1 @Kuskis @AndrisKulbergs @EvikaSilina None. They promised some extravagant idea, but I guess the idea was stupid, so zero work, zero decisions, time goes by.