With the EFSF and the forthcoming ESM, instruments to do just that have been created. However, this bought time must also be used to eliminate the root causes of the crisis. From this we can derive three main things that, in my opinion, need to be achieved. Firstly, government budgets need to be put back in order.
I can assure you that, as far as the Bank of Latvia is concerned, we will spare no effort to ensure that this process in all its stages is as peaceful and even, and successful as possible.