Latvia Is In The Financial Shit

Latvia called emergency meeting of financial authorities this Monday

in attempt to limit fallout from forced collapse of its third-biggest bank

ABLV, facing allegations from the US of helping North Korea’s missile programme https://t.co/yZ9C4Y5vhJ

— Jean-Michel Glachant (@JMGlachant) February 26, 2018

UST Charges ECB Supervised Bank With Money Laundering

An ECB-supervised (repeat, ECB-supervised) Latvian bank is charged in the US with money laundering, the country's central bank governor is detained and now a moratorium is imposed on the bank. https://t.co/Fv7ImojJs5

— Patricia Kowsmann (@kowsmann) February 19, 2018

Latvia's financial system is about to implode, and the ECB will be in the shit.

UST Pulls Rug Out From Under ABLV

Latvia’s government was meeting in emergency session on Monday after one of the Baltic country’s biggest banks reeled under accusations of busting sanctions on North Korea and the central bank governor was detained by the anti-corruption agency. https://t.co/OuB4oZIiKO pic.twitter.com/mGhDaMKj3E

— Russian Market (@russian_market) February 19, 2018