You experienced the occasionally violent protests of the 1968 movement at close quarters – from ministries in Paris with people demonstrating in front of them. How seriously do you take the “Occupy” movement, which has spread from Wall Street to cities around the world? I think we should always be very attentive to the signals coming from society. They are manifold and complex.
Price stability is clearly defined as the main objective of the Bank of Latvia, and its monetary policy instruments and procedures largely correspond to the monetary policy framework used within the European System of Central Banks. And we are implementing a very conservative monetary policy, which, as we believe, is in line with the policy principles of the European Central Bank (ECB).