Latvian Political Monitor

🚉Rail Baltic route - for regional development or destruction? https://t.co/3YZ592YwrH

Why not? And what is it? https://t.co/pNex1j5q9U If 'the lobby wasn't done in time', then it is 'bad'. You cannot dismiss state affairs with lobbies. There must be logic, clear justification, and error in lobbying.

Finally, decisions are being made about airBaltic. But for now they are being made by creditors, not the government. Bondholders have agreed to defer part of interest payments and are waiting for government action. Meanwhile, the Prime Minister already describes the situation as effectively the 'last chance' to save airBaltic. The government is considering additional purchase of airBaltic bonds, capitalization of existing bonds, and extension of the state loan term. But is the whole government ready to stand behind these decisions? Will we again see indecisiveness and hear that everything is now in the hands of the Saeima? In my opinion, the main question is not whether to give airBaltic more money. The question is, what is the state's final goal? What airBaltic do we want to preserve? What connectivity of Latvia do we want after 5, 10, and 20 years? What will today's decisions leave for future generations? Before talking about further funding, the public should know the government's strategy, namely how the state is ready to adapt its requirements in the letter of expectation, what requirements it will set in the shareholder agreement, and where compromises with creditors and potential investors are possible. And only then can the financial questions be answered: how much capital is still needed, by what date, and under what conditions. airBaltic is not just a company for Latvia. It is part of our economic infrastructure and connectivity with Europe and the world. That is why the government now needs not another short-term cash injection, but a clear final goal and the courage to make decisions.

With the former surname as a brand

Nuclear power plants need very large initial investments, and the biggest cost increase is for political reasons. Large delays in deliberation processes are very common. Money is spent, interest keeps running, but there is no income. Once it is launched, only pluses follow. 60, but in reality 100 years. So it is worth it. Arabs don't get carried away with meetings, they build without delay, and there is only the positive side. Europe used to be like that too. And then the culture of deliberation, or meetings, arrived. That is the difference.

@Krisjanis_K That is our country's second problem. Repeat elections are not forbidden. But they are almost unrealistic.

@AtlasDynam1cs I'm filtering. And I'm trying to point out that the crap can be much bigger.

I am afraid that the elections will end with a government of Ainārs and Jūlija. Therefore, no matter what conservatives or liberals each of us are. Enough fighting each other. If we can agree that the Kremlin is an aggressor and a threat. We will handle the rest. Unless we only want to watch Ainārs and Jūlija.

@DienvidZiemelis I am talking about Rail Baltica. In the sense that it is currently planned..

@DienvidZiemelis What prevents you from transporting cargo right now? Did you know that, for example, tanks are already being moved from Poland to Latvia? Did you know that moving cargo by rail 'makes sense' only when point A—>B is at least ~700 km? And not parallel to the sea? https://t.co/jWYHzxUgly

I'm just recounting the situation so people wouldn't believe that madness.. this is a sequential and natural result, given what has been in power for the last 15+ years..

Nothing is more expensive in this country than ‘connectivity’. The service airBaltic provides is exactly that – connectivity, and it is an indisputable fact that airBaltic cannot provide it without systematic, constant state support. Normally it would seem that one problem child is enough, but no — we need another one. A 50 times bigger problem that will give us ‘connectivity’. Of course, again at taxpayers' expense and among other things would compete with airBaltic.. 🤦‍♂️ Video: Question to Prime Minister Siliņa, why do we need Rail Baltica