Lithuanian parlt cannot give c.banker pay cut – ECB (media)

  • 2020-06-04
  • BNS/TBT Staff
VILNIUS – Lithuanian lawmakers willing to give the country's central banker Vitas Vasiliauskas a pay cut will be disappointed after the European Central Bank said remuneration for board members of the Bank of Lithuanian cannot be changed during their terms. Moreover, any planned changes should be pre-coordinated with the ECB, the news website reports. The parliamentary Committee on Budget and Finance received a response from Yves Mersch, a board member of the European Central Bank, on Wednesday, stating that the Seimas cannot give inc...
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