Lithuania's Sarkinas parries currency concerns

Reinoldijus Sarkinas, the governor of Bank of Lithuania, has said that the country's economy is on a much sounder footing than Latvia in an attempt to soothe fears that a devaluation by its Baltic neighbour would threaten regional stability.

Sarkinas told the Associated Press, a news agency, in an interview published on Wednesday that the country will not follow Latvia's lead in seeking aid from the International Monetary Fund (IMF). "Lithuania is able to solve its problems without help from t

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: