According to reports, ECB Governing Council member Kazmir was found guilty of corruption in a recent court ruling. In some context, this is related to his alleged crimes during his time as Minister of Finance from 2012 to 2019. He allegedly bribed the tax authorities 48,000 euros to influence the tax process. Kazmir was found guilty in 2023 and was initially fined €100,000, but he has appealed. According to the latest ruling, he was fined 200,000 euros. Despite this, he will keep his position and wait for the central bank to decide whether he will get his next term or be replaced. His term expires next June 1. If he is replaced, he will stay in his position until a suitable successor is nominated and approved.

Zhitongcaijing · 05/29 07:17
According to reports, ECB Governing Council member Kazmir was found guilty of corruption in a recent court ruling. In some context, this is related to his alleged crimes during his time as Minister of Finance from 2012 to 2019. He allegedly bribed the tax authorities 48,000 euros to influence the tax process. Kazmir was found guilty in 2023 and was initially fined €100,000, but he has appealed. According to the latest ruling, he was fined 200,000 euros. Despite this, he will keep his position and wait for the central bank to decide whether he will get his next term or be replaced. His term expires next June 1. If he is replaced, he will stay in his position until a suitable successor is nominated and approved.