By Plenary Sessions: Aivar Sõerd

Support is provided for regulatory changes that boost economic growth and competitiveness, and which facilitate access to international markets for financial institutions and large corporations. The aim is to reduce transaction costs and improve the financial environment, thereby demonstrating a commitment to supporting business interests. The regulation of green bonds is also addressed.

The speaker advocates for fiscal responsibility and opposes unfunded tax cuts that would result in significant losses of budget revenue. He/She emphasizes that tax reductions must be financially covered and must align with the current economic situation. Furthermore, he/she points to the restrictions imposed by European Union VAT directives regarding the application of a reduced rate for fuels.

Economic perspectives emphasize the critical importance of productive investments and improving the investment climate for achieving long-term growth. The speaker prefers real productivity growth and is skeptical of inflation-driven wealth increases, which he considers merely apparent or illusory. He stresses the need for entrepreneurs to have the courage to invest in productive technologies.