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Economy / Lithuania

FM Under Pressure

July 2006 | Risk Summary

Zigmantas Balcytis' days as finance minister might be numbered, just days after being re-affirmed in the key position following the formation of a new government. According to press reports, President Valdas Adamkus is to recommend whether Balcytis should remain in the job after considering the details of an official investigation into allegations of financial impropriety on the part of a family member. Given the scandals that engulfed the previous administration and the new government's commitment to tackling corruption, Balcytis may come under pressure to reconsider his position if the allegations appear to have

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