Latvian central banker: Trump will be a «very good president»

Take note – story published 7 years ago

The chairman of Latvia's central bank, Ilmars Rimsevics, predicted November 9 he thought Donald Trump would make a good President of the United States of America. 

Rimsevics, who famously was the first student to go to the US as an exchange student in the lead up to the regaining of Latvia's independence, was speaking on LTV7's Russian-language current affairs show No Offense.

Asked to react to Trump's election, Rimsevics replied: "I think he will be a very good President because he has to prove he can bring change."

The long-serving central banker also predicted Trump would lead necessary "structural reforms" - a key phrase that he has repeated in a Latvian context many times since the economic crisis of 2009-2011 and which continues to be the central bank's clarion call to this day. 

As Latvia is part of the eurozone, Rimsevics also sits on the board of the European Central Bank, so his comments were quickly picked up by the Reuters financial newswire.

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