Latvia Vows to End Money Laundering, But Asks, ‘Will Europe?’
- New prime minister pledges to cut dirty cash in banks to zero
- Karins says dodgy funds went from Baltics to elsewhere in EU
This article is for subscribers only.
Want the lowdown on European markets? In your inbox before the open, every day. Sign up here.
Latvia’s new prime minister pledged to eradicate the kind of money laundering that’s shaken this corner of the European Union. But he has another important message: while his country may have been a gateway for dirty cash, the rest of bloc is also to blame.