Kazāks: The Rise in Fuel Prices Does Not Necessarily Mean Interest Rates Will Have to Increase
Latvian central bank president Mārtiņš Kazāks stated that current interest rates are appropriate and that the rise in fuel prices does not automatically warrant an increase in these rates.
Kazaks: The Greatest Concern is the Impact of the Iran War on Food Prices
Kazaks emphasizes the potential rise in food prices due to the Iran conflict, alongside a slowdown in economic activity.
A unified financial market in Europe is the only solution for competitiveness, says Kazāks
Mārtiņš Kazāks, the president of the Bank of Latvia, asserted that a unified financial market in Europe is crucial for enhancing competitiveness during a forum on financial sector development.
Kazāks: The idea of withdrawing second-pension-level savings is populism with painful consequences
Latvian Bank President Mārtiņš Kazāks warns that allowing the withdrawal of second-pension-level savings would primarily benefit short-term expenditures and adversely affect less affluent citizens.
Listing shares of state-owned companies on the stock exchange would allow residents to invest in Latvia, says Kazāks
Latvian Bank President Mārtiņš Kazāks believes that listing shares of state-owned enterprises would enable local residents to invest in Latvia and improve governance.
Europe Delays Its Own Growth, Says President of the Bank of Latvia Kazāks
The President of the Bank of Latvia, Mārtiņš Kazāks, stated that Europe's fragmentation hampers its growth and threatens both security and prosperity.