Lithuania's Sarkinas parries currency concerns

Reinoldijus Sarkinas, the governor of Bank of Lithuania, has said that the country's economy is on a much sounder footing than Latvia in an attempt to soothe fears that a devaluation by its Baltic neighbour would threaten regional stability.

Sarkinas told the Associated Press, a news agency, in an interview published on Wednesday that the country will not follow Latvia's lead in seeking aid from the International Monetary Fund (IMF). "Lithuania is able to solve its problems without help from the

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