The candidate needs the Seimas' approval.
The term of the Bank of Lithuania's incumbent board chairman Vitas Vasiliauskas expires on April 7.
Simkus joined the central bank in 2002 and has been consistently going up the career ladder within the bank for the past 18 years. He was appointed a board member in September.
Sources: President might propose Simkus for central banker
Lithuanian President Gitanas Nauseda is considering nominating Gediminas Simkus, a board member of the...
Carolynn Look and Aaron EglitisThe ECB is no longer a reliable cash machine for governments
Euro-zone monetary policy is subsidizing the finance industry to such a degree that national central...
Paul Gordon and Alexander WeberEuro area heads for double-dip recession as lockdowns drag on
The euro-area economy is poised to shrink again at the start of this year as the resurgent pandemic...
Central banker candidate calls increasing competition "true challenge"
Increasing competition in the banking sector is a true challenge, says Gediminas Simkus, Lithuanian...
Parliament appoints Simkus to lead central bank
The Seimas of Lithuania on Thursday appointed Gediminas Simkus as board chairman of the country's...
Ex-central banker joins PM's team of advisers
Vitas Vasiliauskas, former board chairman of the central Bank of Lithuania, has joined Prime Minister...
Hot tests in Vilnius Combined Heat and Power Plant have started
On Wednesday, systems at the Vilnius Combined Heat and Power Plant (Vilnius CHP) started the...
Lithuania and Ukraine to work together to develop new logistics routes
During a visit to Poland, the Ministry of Transport and Communications of Lithuania and the Ministry...
Economist: central banks seek a deeper recession to cool down labour market
The European Central Bank and the US Federal Reserve Board aim at triggering a deeper recession rather...
Lithuanian Banking Association appeals to EC over new tax
The Lithuanian Banking Association (LBA) has complained to the European Commission over a new tax that...
March inflation provisional estimate at 15.2%
The annual (March 2023, compared to March 2022) inflation provisional estimate calculated based on the...
Top news
Minister: there will be no illegal migration route through Lithuania
Minister of the Interior of Lithuania Agnė Bilotaitė says the migrant crisis deliberately caused by...
Seimas tightens penalties for sanction breaches to individuals and businesses
On Thursday, the Seimas adopted amendments to the Law on International Sanctions and part of...
Seimas rejects proposal to limit LRT director general’s terms of office
Terms of office of the director general of public broadcaster LRT (Lithuanian Radio and Television)...
Hot tests in Vilnius Combined Heat and Power Plant have started
On Wednesday, systems at the Vilnius Combined Heat and Power Plant (Vilnius CHP) started the...
Agriculture minister to join MPs after Majauskas’ leave
Minister of Agriculture Kęstutis Navickas is set to become a member of the Seimas after Mykolas...
Polina Šilina, Danilas Fedkevičius, rus.delfi.lv
