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2019.05.14 10:35

Lithuanian prime minister declares no confidence in central bank chief

LRT.lt2019.05.14 10:35

Lithuanian Prime Minister Saulius Skvernelis said he has no confidence in the central bank governor Vitas Vasiliauskas.

“I have no confidence [in Vasiliauskas] because I agree with the arguments given by Stasys Jakeliūnas,” Skvernelis told reporters on Tuesday.

MP Stasys Jakeliūnas, of the ruling Farmers and Greens Union, heads a parliamentary investigation into the causes of the 2009-2010 economic crisis in Lithuania.

He has accused Vasiliauskas, the chief of the Bank of Lithuania, of refusing to cooperate with the investigation.

The ruling coalition in the Lithuanian parliament, Seimas, has submitted a motion to have a vote of no confidence in Vasiliauskas. The resolution is to be heard on Tuesday.

Skvernelis told reporters he did not know yet if he would take part in the vote on the no-confidence resolution, saying this would depend on his agenda.

The no-confidence resolution calls on Vasiliauskas to resign for “undermining the reputation of the Seimas” and “discrediting the Bank of Lithuania”. If the governor refuses to step down, President Dalia Grybauskaitė is urged to start dismissal procedures.

Opposition MPs have drafted a separate resolution, calling for a vote of support for the central bank chief. They have called “attacks” against Vasiliauskas electioneering.

Vasiliauskas has headed the Bank of Lithuania since April 2011.

The central bank's governor is nominated by the president ant appointed by parliament.

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