H.E. Mr. Vidmantas Purlys:

I do not want to mislead the committee so perhaps I can provide the information later. From my experience as a civil servant, cuts of approximately 15% to 20% were made. Cuts were also made in other areas, such as to state pensions, which was a sensitive issue. We feel the decisions made worked because the following year we had growth and this growth is continuing. With regard to macroeconomic indicators on growth and investment, on balance we are doing quite well. We aim to introduce the euro in 2015. We welcome the decision by ECOFIN which approved Latvia's entry to the eurozone on 1 January, and we are keen to introduce the euro in 2015. We will consider our deficit and inflation conditions at the time.