What Led to the Resignation of Lithuanian PM Paluckas?

Synopsis
Key Takeaways
- Gintautas Paluckas has resigned, prompting the entire cabinet to step down.
- Paluckas plans to submit his resignation to President Gitanas Nauseda.
- An interim Prime Minister will be appointed by the President.
- Investigations into Paluckas' financial dealings have triggered his resignation.
- The Social Democratic Party will nominate a new Prime Minister.
Vilnius, Aug 4 (NationPress) The resignation of Lithuanian Prime Minister Gintautas Paluckas on Monday has led to the immediate resignation of his entire cabinet. This decisive move was confirmed by Paluckas during an urgent government meeting, as reported by the Baltic News Service.
At the beginning of the meeting, he stated, "With my resignation as Prime Minister, I declare that the 19th Government of Lithuania is resigning."
Paluckas intends to formally submit his resignation to President Gitanas Nauseda later that day, expressing his appreciation to his cabinet members for their collaboration, according to Xinhua news agency.
In accordance with Lithuanian legislation, the Prime Minister's resignation necessitates that the President be notified the same day. It is anticipated that Nauseda will formally accept the resignation through an official decree and assign the outgoing government to operate in a caretaker capacity until a new administration is put in place. The President must also appoint an interim Prime Minister.
Nauseda has a period of up to 15 days to propose a new Prime Minister, who will then require the approval of the parliament, referred to as the Seimas. The Social Democratic Party, which holds the largest number of seats in the Seimas, is tasked with selecting a nominee. They plan to discuss their candidate during a party presidium meeting on Wednesday.
Paluckas had previously indicated his intention to resign as the head of government and the chairman of the Lithuanian Social Democratic Party on the preceding Thursday.
His resignation occurs amid ongoing investigations into his financial activities, claims of improper engagement in business, associations with specific business figures, and failure to pay dues owed to the Vilnius municipality.
Despite the allegations, Paluckas has refuted any misconduct, labeling the criticism as a "coordinated attack" from political rivals.
Following Paluckas' resignation, President Gitanas Nauseda accepted the resignation of Paluckas' administration and appointed Finance Minister Rimantas Sadzius to lead the interim government. According to the Constitution of Lithuania, a Prime Minister's resignation necessitates the cabinet's resignation and immediate notification to the President.
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