Political posts and news mentioning Apvienotais saraksts from monitored Latvian public sources.
@guntarsv Then creditors file for bankruptcy in March, right?
From@guntarsv@E_Stendzenieks Let them borrow. That is not Latvian taxpayers' money. Principally, the only thing that interests me is, I quote: 'The planned interim financing does not depend on Latvia's state financial participation'.
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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.
From@Heinrih5@JurgisLiepnieks Kulbergs and Kozlovskis should honestly say that the privatization of AirBaltic is currently underway, because this and previous loans, at least to a large extent, cannot be repaid at such a 'super SMS credit price' and Latvia no longer controls AirBaltic.
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@sidsloth261949 @IvarsAuzins something like that, even more, Kulbergs just went to the Saeima and asked for money, and got it, and with that we still pay extra for everything you describe.
From@sidsloth261949@JurgisLiepnieks @IvarsAuzins oh you don't understand... look... those who lend don't lend money at % but cheaply buy airplanes and infrastructure and possibly business... that is such a cheap slow AirBaltic sell-off - through another channel.
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@UldisGelins @Krisjanis_K @AndrisKulbergs yes, well, hopefully ...
From@UldisGelins@JurgisLiepnieks @Krisjanis_K @AndrisKulbergs That is not known. It is known that above 1 TWh is LV's emergency reserve. Presumably LV gas traders have bought as much as they plan to sell and know where to get additional if needed (Klaipeda, Finland or via pipeline from Poland). Electrification continues to reduce gas consumption, we produce energy locally.
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@UldisGelins @Krisjanis_K @AndrisKulbergs only it is not known whether those 11 belong to Latvia, or how much of them belongs to Latvia.
From@UldisGelins@Krisjanis_K @AndrisKulbergs We do not evaluate the physical fill of the storage, but we evaluate the energy fill and LV gas consumption. Gas consumption is falling every year, and therefore there is no economic justification to store too much either. Very roughly, LV annual consumption is 8 TWh, currently the storage has 11 TWh.
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This week, KNL Kulbergs, making excuses for why nothing has been done in the budget, among other things, said that he had to spend 30% of his time saving AirBaltic and that it had succeeded. Now we learn that this success involves borrowing at 25% per year, which is no longer even a quick loan, but some kind of grave robbing. Moreover, the tax money allocated by the Saeima will now go to paying interest to some representatives of this 'smart money'. I hope to hear @AndrisKulbergs explanation today about this great plan. Saving a company that cannot repay a 14.5% loan by giving it a new one at 25% sounds really interesting.
Kulbergs' government's first 100 days are contradictory, but the overall direction is positive, says political scientist Rosenvalds (3)
What is known about the volunteer from Latvia who fell in Ukraine? Will 'New Unity' recover? Public attack: Kulbergs vs. Dombrava. These current topics are discussed in the new 'Šķiltava' by 'Ir' journalists Agnese Meiere, @raudseps and @AivarsOzo. 🔗 https://t.co/dzZ5yHCv0R https://t.co/t4XShxUXGP
Kulbergs, Vītols, and Kučinskis' new, great airBaltic business plan: borrowing at 14.5% per year was bad, so now we'll borrow at 25% per year. And shut up, dimwits, you understand nothing!
Political scientist: In Kulbergs' government some ministers live in their own orbit 0 288
From@Krisjanis_KAn incomprehensible obsession with “golden visas” seems to prevent @Apvienotais_ @MGruskevics @didzisdejus from hearing the real and respectable opinions of many other entrepreneurs. In one sentence in politically incorrect light language - Latvia, where white people dominate, is capable of attracting many more wealthy Europeans as tax residents than those Russian-speakers with “golden visas”. I suggest talking to wealthy French or Belgian Jews, for example. They don’t need “multiculturalism”, they are already fleeing from it. And everything can be ruined irreversibly quickly - look at what the reds in Portugal did with migration in just 7 years…. So today I wish you a lot of common sense during the migration meeting!😉👌🏻
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In a few months, the usual complaints will start again about how strategically important airBaltic is and that there is no other way but to pump in another few million. https://t.co/ROtcr7gRS1
From@guntarsv@E_Stendzenieks Let them borrow. That is not Latvian taxpayers' money. Principally, the only thing that interests me is, I quote: 'The planned interim financing does not depend on Latvia's state financial participation'.
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VIDEO. “Checkmate!” Guntis Bojārs corners the representative of the party “Stabilitātei” with a cunning maneuver – social media is literally abuzz.
From@Azlems@Lato_Lapsa @Apvienotais_ @guntarsv @AndrisKulbergs Very good! I think the whole nation wants to help its national airline and asks where can we buy these shares? PS. Should we understand correctly that together with AB the airport will also be sold? 25% or something will have to be covered?? PPS. I doubt the next government will last 4 years. At this pace ...
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https://t.co/FgXd9wO2jC https://t.co/p5YtiemBTl
From@Lato_LapsaAnd this is that great 'business' plan that the whole @Apvienotais_ scum was crowing about, starting from the former Kargins' Latvian @guntarsv and ending with @andriskulbergs himself. TWENTY FIVE percent per year.🤡🤡🤡 I will remind you that the bonds of Briškens and Siliņa, which this scum so criticized, were FOURTEEN.
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From@Heinrih5@JurgisLiepnieks Kulberg and Kozlovskis should honestly say that AirBaltic privatization is currently happening, because this and the previous loan, at least to a large extent, cannot be repaid at such a 'super SMS loan price' and Latvia no longer controls AirBaltic.
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@LaSharikovcousi @E_Stendzenieks Won't recover, of course. The money invested earlier has long been burned. I suggest an experiment. Take a 50 euro banknote and throw it into the fire. No, better a 200 euro banknote. If you haven't learned elementary school material, then you have to learn it this way.
From@LaSharikovcousi@guntarsv @E_Stendzenieks Are you sure that you are a financier? This is a sure path to taxpayers never recovering their investments! Just 5 minutes ago, Kulbergs called everyone idiots over the 14% 'death' bonds, but now he himself is about to issue at 25% 🤡
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From@RKrumin@guntarsv It is sad when the finance minister is always a bit sleepy, but his advisor is completely without advice on how to fix the budget, and work on next year's budget is not happening at all. Absolutely no ideas about Kulberg's proclaimed money-making, cutting expenses. Just empty chatter!
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A month before the elections, the government has nowhere to fall
VIDEO: big promises, even bigger insults and quarrels on social media - what do Kulberg's government's first 100 days look like?