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Article: Central bank of Lithuania warned by ECB.
- Article from:
- Global Banking News (GBN)
- Article date:
- March 26, 2009
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Global Banking News-26 March 2009-Central bank of Lithuania warned by ECB(C)2009 ENPublishing - http://www.enpublishing.co.uk
Global Banking News - 26 March 2009(c)2005 - Electronic News Publishing - http://www.enpublishing.co.uk
The central bank of Lithuania was criticised by the European Central Bank (ECB) after it divulged plans to transfer its profits to the state.
The central bank has now decided to pay half its annual profit to the state, as is the usual practice, after the European Central Bank warned against a previous plan in which the central bank of Lithuania was planning to ...