The Prime Minister stressed that the government had previously managed to cope with a “very difficult situation” in the financial sector, as Latvia has avoided being placed on any so-called “black” or “grey” lists. At the time, a special Council dedicated to this issue was set up under the leadership of the Prime Minister, bringing together all the branches of power and sorting out the financial sector.
A similar challenge is also presented by the need to strengthen the rule of law and anti-corruption measures. The Council will look for what needs to be improved in order to eradicate corruption in Latvia as far as possible.
"Firstly, [find] what the system shortcomings are, why things are not going as fast as they should, and find solutions. Maybe somewhere there is a need for change in legislation, maybe a change of coordination and responsibility," said Kariņš.