Latvia Analyzing Rimsevics Role at ECB as He Returns to Work
- Baltic country is in process of providing information to ECB
- Nation expects to see notable decline in non-resident deposits
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Latvia is still considering the ramifications of central bank Governor Ilmars Rimsevics’s status as a suspect in a bribery probe, as he returned to work this week and weighs up how to continue his role at the European Central Bank.
“All the details are still to be analyzed on how big the mandate is for the governor to attend the ECB meetings,” Finance Minister Dana Reizniece-Ozola said Friday in an interview with Bloomberg TV. Latvia’s anti-corruption office “is in the process of getting all the information provided to the ECB so that they can make their decision on whether or not the principles of the independence of the ECB have been infringed.”