Draghi Nagged by Unwelcome Distraction From Euro Area's East
- Latvian central banker barred from meetings in graft probe
- Slovenian central banker set to resign after getting new job
Mario Draghi
Photographer: Jasper Juinen/BloombergThis article is for subscribers only.
Mario Draghi is finding the euro area’s eastern flank to be an unwelcome distraction.
The European Central Bank president is likely to find the Governing Council missing both its Latvian and Slovenian representatives this summer, with the former barred because of a bribery investigation and the latter opting to leave his job. The ECB is questioning Latvia’s restrictions on Governor Ilmars Rimsevics at the European Court of Justice.