Central Banking

Sarkinas reppointed as Bank of Lithuania governor

The Lithuanian parliament voted Jan. 23 to appoint Reinoldijus Sarkinas for a second five-year term as the governor of the central Bank of Lithuania. His new term begins on Feb. 15, 2001. The motion passed with 74 votes in favour, no votes against and two abstentions.

President Valdas Adamkus has said he decided to re-nominate Sarkinas, 54, as central bank governor in order to maintain the stability of the state's financial system. Many lawmakers also hope that the reappointment will lend stab