@Arcana basically the government is considering more regulation and the four largest banks all came together to say that, "We won't finance anything", if the government does it, essentially threatening to kill the economy

> The proposal advanced by the Budget Commission of the Saeima envisages support for those whose mortgage loan repayments exceed 20% of their income.
> The banks argue that imposing such repayment rules constitutes artificial intervention in credit pricing. According to them, this will significantly limit the competitiveness of local lending companies and will not improve access to lending services, as it will have an impact on the cost of loans in the future.