Lithuania's Gintautas Paluckas steps down over business links

The Star

Lithuanian Prime Minister Gintautas Paluckas announced his resignation on Thursday (July 31), following mounting pressure over his business ties that sparked street protests in the capital and fractured the ruling coalition.  Read more at https://tinyurl.com/23335m4f   WATCH MORE: https://thestartv.com/c/news SUBSCRIBE: https://cutt.ly/TheStar LIKE: https://fb.com/TheStarOnline

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00:00Lithuanian Prime Minister Gintautas Palukas on Thursday announced his resignation following

00:07mounting pressure over his business ties that sparked street protests in the capital and

00:13fractured the ruling coalition.

00:15His resignation was confirmed by the Social Democrat Party, which leads the current three-party

00:20government.

00:21The situation came to a head when a junior coalition partner demanded Palukas' resignation,

00:26raising concerns over his alleged links to a company owned by his sister-in-law and threatening

00:32to pull out of the ruling alliance.

00:34Palukas, who assumed office late last year after October's parliamentary elections, has

00:39been at the center of the controversy surrounding his past business activities.

00:45Media investigations revealed several questionable dealings, including a long unpaid 16,500 euro

00:52fine, tied to a 2012 conviction for irregularities in a public tender for rat control services

00:59in Vilnius.

01:01Palukas' resignation is expected to trigger the collapse of his entire cabinet, effectively

01:06bringing down the current government.

01:09Fresh coalition negotiations are anticipated in the coming days.

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