Latvia's Rimsevics Says It’s 'Impossible' to Step Down Temporarily

The transcript discusses the journey of the Latvian Central Bank, highlighting its entry into the eurozone and the ECB. It addresses current challenges that could affect the institution's credibility and explores the speaker's decision not to step down amid judicial processes. The speaker emphasizes the lengthy nature of legal proceedings in Latvia and their stance on maintaining their position unless criminal charges are presented.

What significant achievement did the individual accomplish at the Latvian Central Bank?

• Reducing inflation rates

• Establishing a new financial policy

• Introducing a new currency

• Joining the eurozone

Why is the individual hesitant to step aside temporarily?

• They are waiting for a new appointment

• They want to avoid media attention

• They have already been accused

• They believe it would be a permanent decision

What advice did the individual receive from their lawyer?

• To seek a new position

• To publicly address the allegations

• That no specific accusations have been made

• To resign immediately

What is the individual's view on the banking system in their country?

• They are indifferent

• They are a strong supporter

• They are planning reforms

• They are not a friend of it

How long does the judicial process in Latvia typically take, according to the individual?

• 1 to 2 years

• 3 to 5 years

• 7 to 10 years

• Over 15 years