July 31 (UPI) -- Lithuanian Prime Minister Gintautas Paluckas resigned on Thursday following investigations of his unethical financial dealings that prompted protests.
"Just over an hour ago, I informed the president that I have made the decision to resign from the position of prime minister," Palcukas said in a statement. "I also announce that I have decided to step down from my position as leader of the LSDP."
His resignation is expected to trigger the fall of the Cabinet, as they are potentially leaving the country, leaving no government.
Paluckas was given a two-week ultimatum following his scandal involving EU loans and questionable business ties linked to his relatives, which led to an investigation.
"As prime minister, I do not feel that I have made any fundamental mistakes or violations. I have carried out my duties honestly, to the best of my understanding and ability," he said.
