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Director / Editor: Victor Teboul, Ph.D.
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Latvian Central Bank Chief Suspended, Says Victim of Smear Campaign

Latvia's central bank chief was suspended on Tuesday pending an investigation into whether he solicited a bribe, as corruption allegations and counter accusations rocked the financial sector of the eurozone country with close ties to neighboring Russia. The prime minister's office said Ilmars Rimsevics had been suspended from his role as the anti-corruption agency investigates allegations he asked for a 100,000 euro bribe. Rimsevics, who was held in custody over the weekend,...


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