Latvia's banking crisis

Published: Feb. 21, 2018, 5:52 p.m.

b'US officials have accused Latvia\\u2019s third-largest bank of laundering money that helped fund North Korea\\u2019s missile programme. To make matters worse, the country\\u2019s central bank governor is the subject of a bribery probe. Elaine Moore discusses what\\u2019s behind the banking crisis in the Baltic state and why the European Central Bank failed to spot the problem with Claire Jones, Martin Sandbu and Neil Buckley.


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