By Plenary Sessions: Mart Võrklaev

The political stance heavily emphasizes fiscal discipline and macroeconomic stability, voicing concern over inflation and the state budget deficit. Simultaneously, high defense spending (exceeding 5% of GDP) is supported, with an insistence on finding permanent funding for these costs through current revenues, in line with central bank recommendations. The speaker backs the government’s tax policy measures (such as income tax exemption) aimed at boosting domestic consumption, but remains critical of wage increases financed by deficit spending.

The political focus is centered on the implementation and supervision of financial regulation. The speaker is interested in the progress made in carrying out the new tasks assigned by the Riigikogu (the supervision of crypto asset market participants and credit institutions). This represents a results-based approach, emphasizing legal enforcement and market influence.

The political stance is strongly pro-regulation, focusing on protecting depositors by restructuring the operations of savings and loan associations (credit unions). The goal is to ensure that cooperatives publicly soliciting deposits are subject to the supervision of the Financial Supervision Authority and the protection of the Guarantee Fund, thereby mitigating significant business risks. The position is clearly centered on policy and protective measures (risk mitigation).