• Home
  • Equities
  • Fixed Income
  • Alternative Investments
  • Multi-Asset
  • Passive
  • Thematic
  • Events
  • Market Intelligence
  • Investment Week
  • ESG Spotlight
  • Thematics Spotlight
  • Newsletters
  • Sign in
    • You are currently accessing Investment Europe via your Enterprise account.

      If you already have an account please use the link below to sign in.

      If you have any problems with your access or would like to request an individual access account please contact our customer service team.

      Phone: +44 (0) 1858 438800

      Email: [email protected]

      • Sign in
     
      • Account details
      • Newsletters
      • Contact support
      • Sign out
     
  • Follow us
    • Twitter
    • LinkedIn
    • Newsletters
  • Register
  • Events
    • Upcoming events
      event logo
      Tel Aviv Forum

      InvestmentEurope's Tel Aviv Forum 2019 will take place on 4th December at the Hilton Hotel, Tel Aviv.

      • Date: 04 Dec 2019
      • Hilton Hotel, Tel Aviv, Tel Aviv
      event logo
      Women in Investment Festival 2020

      Investment Week, Professional Adviser, Professional Pensions, Retirement Planner and Investment Europe have collaborated to launch the Women in Investment Festival 2020, in partnership with HSBC Global Asset Management.

      • Date: 03 Mar 2020
      • The Brewery 52 Chiswell Street London EC1Y 4SD, London
      event logo
      Munich Roundtable 2020

      The first edition of the Munich Roundtable will be held on Tuesday, 3rd March at the Bayerischer Hof Hotel.

      • Date: 03 Mar 2020
      • Hotel Bayerischer Hof, Munich, Munich
      event logo
      Milan Forum 2020

      InvestmentEurope's 10th annual Milan Forum will take place on 5th March at the Four Seasons Hotel, Milan.

      • Date: 05 Mar 2020
      • Four Seasons Hotel Milan Via Gesù, 6/8, 20121 Milano MI, Italy, Milan
      View all events
  • Investment Week
  • ESG Spotlight
  • Thematics Spotlight
Investment Europe
Investment Europe

Sponsored by

Sharing Alpha
  • Home
  • Equities
  • Fixed Income
  • Alternative Investments
  • Multi-Asset
  • Passive
  • Thematic
  • You are currently accessing Investment Europe via your Enterprise account.

    If you already have an account please use the link below to sign in.

    If you have any problems with your access or would like to request an individual access account please contact our customer service team.

    Phone: +44 (0) 1858 438800

    Email: [email protected]

    • Sign in
 
    • Account details
    • Newsletters
    • Contact support
    • Sign out
 

Latvia finance minister demands immediate Grexit

  • Tweet  
  • Facebook  
  • LinkedIn  
  • Send to  

Latvia's finance minister Andris Vilks is demanding Greece's exit from the eurozone as quickly as possible.

Latvia’s finance minister Andris Vilks is demanding Greece’s exit from the eurozone as quickly as possible.

Sweden’s Dagens Industri reports that Vilks made the comment on Latvian local radio following the failure of Greek politicians yesterday to agree some €12bn in savings over the next two years.

Related articles

  • 90% chance of Grexit in next 12-18 months, says Citi
  • Conflict in Finland over call for collateral from Greece
  • The Greek marathon is at long last entering its final lap
  • Managing European portfolios not auguring euro exits

He said it must be made clear that it is not possible to maintain the delusion that Greece can stay in the eurozone.

“One ought to as soon as possible find a way to throw Greece out of the eurozone with as little damage as possible. My personal solution would be to do this as quickly as possible.”

Latvia still intends to join the eurozone during 2014.

Vilks previously served as chief economist for Swedish bank SEB’s Latvian bank SEB banka, and as special economic adviser to the then Latvian prime minister.
In 2009 he gave a lecture on the economic realities facing the Baltic region, which then had gong through significant economic crisis in the wake of the global credit crunch and recession, but also outlined reasons why he thought they could recover.

That lecture is available here: http://videolectures.net/ceemanac09_vilks_per/

 

  • Tweet  
  • Facebook  
  • LinkedIn  
  • Send to  
  • Topics
  • Central and Eastern Europe (CEE)
  • Emerging Europe
  • Europe
  • Eurozone
  • Greece
  • Latvia
  • Regions
  • SEB
Back to Top

Most read

Investec AM to rebrand as Ninety One
Investec AM to rebrand as Ninety One
CFA UK launches Certificate in ESG Investing
CFA UK launches Certificate in ESG Investing
More UK funds run by 'Daves' than women
More UK funds run by 'Daves' than women
Russell Investments put up for sale - reports
Russell Investments put up for sale - reports
Danish funds taking European market share
Danish funds taking European market share
  • Contact Us
  • Marketing solutions
  • About Incisive Media
  • Terms and conditions
  • Policies
  • Careers
  • Twitter
  • LinkedIn
  • Newsletters

© Incisive Business Media (IP) Limited, Published by Incisive Business Media Limited, New London House, 172 Drury Lane, London WC2B 5QR, registered in England and Wales with company registration numbers 09177174 & 09178013

Digital publisher of the year
Digital publisher of the year 2010, 2013, 2016 & 2017
Loading