Resignation Sparked by Scandal: Lithuania's Prime Minister Steps Down

Lithuania's Prime Minister Gintautas Paluckas announced his resignation on Thursday, amid mounting pressure over business relations with a company owned by his sister-in-law.

In his statement, Paluckas admitted that his 'past mistakes' had hindered his government's efforts, leading to his decision to step down confidently.

Facing criticism from opposition parties for a deal involving electric batteries financed by a government agency, Paluckas had denied any misconduct. However, with a junior party threatening to exit the ruling coalition, his departure seemed inevitable.

(With inputs from agencies.)