RIGA, Dec 18 Reeling from the fallout of a
bribery scandal, Latvia's central bank must become more
transparent to clean up its image and must also push for greater
transparency at the European Central Bank, its incoming chief
Martins Kazaks said on Wednesday.
RIGA/MOSCOW Latvia's parliament on Thursday passed legislation to take control over the Baltic country's two biggest ports in an effort to keep them open after U.S. sanctions against a Latvian oligarch threatened operations.
RIGA Latvian politician and oligarch Aivars Lembergs, sanctioned this week by the U.S. over alleged corruption, hit back on Tuesday, saying allegations against him were "fake news" and instigated by his political opponents.
JURMALA, Latvia Latvia's central bank chief, who led the former Soviet republic into the euro, appeared in court on Monday accused of bribery in the first corruption trial of a European Central Bank governor.
RIGA Latvia's appointment of a banker to supervise the sector is threatening a conflict of interest, Transparency International said on Friday, following a series of financial scandals in the Baltic state.
FRANKFURT/RIGA The Russian former owner of a stricken Latvian lender has attacked the European Central Bank (ECB) for abruptly shutting it, amid a bitter dispute after he previously accused an ECB governor of corruption.
RIGA Latvia came under renewed pressure to accelerate financial reforms as a senior U.S. official, at a meeting with its prime minister, underscored the urgent need for stricter controls after a money laundering scandal.
STOCKHOLM Bill Browder, an investor who campaigns to expose corruption, has taken a criminal complaint against Swedbank to Latvian authorities, alleging it was involved in a Russian money laundering scandal.
STOCKHOLM, April 17 Bill Browder, an investor
who campaigns to expose corruption, has taken a criminal
complaint against Swedbank to Latvian authorities,
alleging it was involved in a Russian money laundering scandal.