BankofLatvia

Latvia Appoints Deputy Governor as Interim Central Bank Chief Amid Transition

4 days ago

In a significant move for Latvia's financial landscape, the country has named its Deputy Governor, Janis Kalis, as the interim chief of the Bank of Latvia. This appointment comes at a critical juncture as the central bank navigates important economic challenges and prepares for future strategic directions. Kalis steps into the role following the conclusion of the previous governor's term, ensuring continuity at a time when central bank leadership is pivotal for maintaining financial stability.

Latvian Coalition Postpones Decision on Central Bank Governor Appointment Until January

5 days ago

The political landscape in Latvia has taken a notable turn as the current ruling coalition has announced a significant delay in the selection process for the next governor of the Bank of Latvia. Initially anticipated to appoint a new governor by the end of this year, the coalition now intends to make this crucial decision in January 2024, citing the need for further discussions and a thorough evaluation of the candidates.