Latvia's central bank governor to resign

LATVIA - Einars Repse, the popular president of the Latvian central bank, said yesterday, Thursday 6 Sep, he intended to step down in order to lead a new political party, following accusations from the ruling party of a conflict of interest.

Mr Repse said he would "almost definitely" step down from the bank to lead the new centre-right party, whose formation he announced last month. He did not say when his resignation would take effect.

His statement yesterday followed a call from Latvia's Way,