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Estonia appoints new finance minister

TALLINN, Estonia (AP) — Estonia’s president has appointed a new finance minister to replace Jurgen Ligi , who was forced to resign after insulting an ethnic Russian colleague.

Maris Lauri, an adviser to the prime minister, was immediately taking the finance portfolio on Monday.

The 48-year-old Lauri, Estonia’s first female finance minister, has held posts at the central bank, the Economics Ministry and various commercial banks, including Sweden’s Swedbank AB.

Ligi stepped down a week ago after a public uproar over his remarks on Facebook that Social Democrat Education Minister Jevgeni Ossinovski was “an immigrant’s son from the pink party.”

Ossinovski represents Estonia’s ethnic-Russian minority that makes up a quarter of the Baltic country’s population of 1.3 million, and Ligi’s comments were seen as degrading by both Russian speakers and ethnic Estonians.

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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