Agenda Profile: Kristina Šmigun-Vähi

Bank of Estonia 2023 Report

2024-06-13

Fifteenth Riigikogu, Third Session, Plenary Session

Political Position
The most crucial issue is Estonia’s competitiveness and the attraction of foreign investment. The political stance is critical of the current situation, arguing that the promised speed and simplicity of the e-state do not match reality, thus underscoring the need for improved performance. This position is strongly results-oriented and centered on enhancing the economic environment.

1 Speeches Analyzed
Topic Expertise
The expert analysis will focus on the arguments for attracting foreign investment and the practical hurdles in the banking sector, particularly the difficulties foreign companies encounter when trying to open accounts. We will utilize knowledge regarding the benefits of Estonia’s digital state and the practical deficiencies associated with those benefits.

1 Speeches Analyzed
Rhetorical Style
The style is formal and respectful, addressing the session chair and the President of the Bank of Estonia directly. The tone is one of concern, emphasizing the logical contradiction between Estonia's commitments and its actual practice, and posing a direct question aimed at finding solutions.

1 Speeches Analyzed
Activity Patterns
Insufficient data.

1 Speeches Analyzed
Opposition Stance
Direct opponents are not criticized, but the criticism is aimed at the system or regulations that prevent foreign companies from quickly opening bank accounts. The criticism is policy-based and focuses on procedural inefficiencies.

1 Speeches Analyzed
Collaboration Style
The approach is solution-oriented, posing a question that calls for cooperation and change to solve problems ("What should we do, what should we change?"). This indicates a readiness to cooperate with institutions (such as the Bank of Estonia) to improve the situation.

1 Speeches Analyzed
Regional Focus
The focus is on the national level (Estonia's image and digital state/e-governance) and the international level (attracting foreign investors). Emphasis is placed on Estonia's attractiveness to foreign companies.

1 Speeches Analyzed
Economic Views
Economic perspectives strongly support foreign investment and the simplification of doing business, especially in the banking and digital services sectors. The need to reduce regulatory hurdles is emphasized to ensure Estonia's competitive advantages and support entrepreneurial interests.

1 Speeches Analyzed
Social Issues
There is not enough data.

1 Speeches Analyzed
Legislative Focus
The focus is on regulatory and procedural changes concerning the opening of bank accounts for foreign companies. The objective is to simplify doing business and enhance Estonia's appeal to investors, while acting primarily as the initiator demanding these changes.

1 Speeches Analyzed