People: Latvian governor re-appointed; Lithuania hires board member from ECB

Ilmārs Rimšēvičs
Ilmars Rimsevics

Latvia: Ilmars Rimsevics, governor of Latvia's central bank, Latvijas Banka, was yeseterday re-appointed by the country's parliament to a third six-year term in office, meaning he will preside over the country's accession to the European single currency at the start of next year.

Rimsevics was initially promoted at the end of 2001 from his post as central bank vice-president. His time at the top has been dominated by picking the route to euro membership, despite the financial crisis and recessio

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