• ECB's Kazimir charged with corruption – Reuters

Market news

13 October 2021

ECB's Kazimir charged with corruption – Reuters

According to Reuters, Slovak prosecutors announced on Wednesday that European Central Bank (ECB) policymaker and Slovak central bank Governor Peter Kazimir had been charged with corruption.

"Given the early stage of the criminal case, we will not be giving any further information at the moment," a spokeswoman told reporters.

Market reaction

This development doesn't seem to be having a noticeable impact on the shared currency's performance against its major rivals. As of writing, the EUR/USD pair was up 0.3% on the day at 1.1560.

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