ECB refrains from commenting on Lithuanian govt decision to turn to prosecutors

  • 2019-04-25
  • BNS/TBT Staff
The European Central Bank has no plans to evaluate separate economic investigations or internal political discussions as well as the Lithuanian government's decision to ask the Prosecutor General's Office to evaluate the then financial watchdogs' actions during the financial crisis when a jump in the Vilibor (Vilnius Interbank Offered Rate) rate for loans in litas led to a significant rise in interests rates. But the ECB also implied that, if needed, it's ready to respond to threats to the independence of the central bank as, based on the EU treaties, cent...
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