Session Profile: Rene Kokk

15th Riigikogu, 3rd sitting, plenary session

2024-02-15

Political Position
The political position centers on criticizing the government’s decision not to impose a tax on banks’ windfall profits, generated as a result of the rising Euribor rate. The speaker casts doubt on the government’s justification that avoiding this bank tax will guarantee better loan terms and accessibility for entrepreneurs. The stance is heavily focused on matters of economic efficiency and equity.

1 Speeches Analyzed
Topic Expertise
The speaker demonstrates expertise on the taxation of banking windfall profits and loan conditions, drawing specific comparisons with Lithuania (which recorded over 100 million in extraordinary revenue). He directly links financial policy to the financing and loan availability for industry, particularly the food sector and the green transition.

1 Speeches Analyzed
Rhetorical Style
The rhetorical style is analytical and inquisitive, utilizing the example of Lithuania to illustrate the repercussions of political choices. The speaker presents their viewpoint within the formal environment of the Riigikogu, concentrating on logical arguments and the outcomes of the policy in order to substantiate their critical position.

1 Speeches Analyzed
Activity Patterns
There is not enough data.

1 Speeches Analyzed
Opposition Stance
The criticism is aimed at the Estonian government, which refused to discuss the taxation of banks' windfall profits. The speaker points out that the government’s decision has benefited the banks, while taxpayers and borrowers have borne the burden of rising Euribor rates.

1 Speeches Analyzed
Collaboration Style
The collaborative approach is focused on acquiring knowledge and confirming viewpoints from the industry representative (Sirje), with the goal of strengthening the critique against the government's policy.

1 Speeches Analyzed
Regional Focus
The focus is on Estonia's national economic policy and banking sector, using neighboring Lithuania as a benchmark to evaluate local policy choices.

1 Speeches Analyzed
Economic Views
Economic viewpoints support the taxation of banks' extraordinary profits to return the money collected from taxpayers’ pockets. He/She expresses concern over the deteriorating availability and terms of loans for entrepreneurs, particularly within the context of the green transition, citing the continuous tightening of regulations in industries.

1 Speeches Analyzed
Social Issues
There isn't enough data.

1 Speeches Analyzed
Legislative Focus
Legislative focus is directed toward establishing a bank tax and debating the taxation of banks' windfall profits. The speaker is critical of the government's inaction regarding this fiscal policy issue, which impacts the credit market.

1 Speeches Analyzed