Day Ten of Draghi's Latvian Ordeal Shifts Scene to Brussels
- ECB president to face European lawmakers at 3 p.m. in Brussels
- Latvian bribery scandal has engulfed country’s central banker
Latvia's Rimsevics Regrets Not Reporting a 'Hinted' Bribe
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Mario Draghi’s reluctance to speak out on Latvia will be tested on Monday, the tenth day of a far-off crisis that has struck at the heart of his institution in Frankfurt.
European Parliament lawmakers will quiz the European Central Bank president in Brussels, against a Baltic backdrop of swirling allegations that touch on bribery, money laundering, Russian interference and North Korea. Latvia’s third-biggest lender is to be shuttered, and -- in an apparently unconnected development -- the Baltic nation’s central-bank chief was detained and released on bail by anti-graft authorities.