The fact that we have not misunderstood the paving of the road to privatisation is also confirmed by Daiga Auziņa-Melnalksne, Chair of the Management Board of Nasdaq Riga. In the corridors, the listing of 5-10% of shares on the stock exchange is being mentioned, but an overt objective has already been voiced that this would be too little and that 20-25% should be privatised.

Given the situation in global financial markets with low interest rates and relatively scarce opportunities for good investments, it is clear that a large volume of free capital is circulating and many wealthy people are lacking good projects in which to invest their funds profitably. However, even in such circumstances, the question is justified: should Latvia's strategic enterprises become a safe harbour and a lifeline for these foreign investors?

Last week, Vladislavs Vesperis, Deputy Head of the Cross-Sectoral Coordination Centre, expressed a supportive view on Delfi.lv. The introduction of the new scheme is justified by the OECD (Organisation for Economic Co-operation and Development) requirement to ensure good and transparent management of state and municipal enterprises. No party involved in the discussion has objected to the need for good governance; on the contrary, everyone supports it. But it is misleadingly emphasised that the OECD demands the implementation of precisely this model.