Central banks sign MoU on financial crises

An agreement entitled "Memorandum of Understanding on Management of a financial crisis in banks with cross-border subsidiaries or branches" was signed in Stockholm Monday 18 December by the central banks of Sweden, Estonia, Latvia and Lithuania.

The agreement was signed by Andres Lipstok, Governor of the central bank of Estonia, Ilmars Rimsevics, Governor of the central bank of Latvia, Deputy Governor Darius Petrauskas, representing Reinoldijus Sarkinas, Governor of the central bank of Lithuan