Valdis Dombrovskis

Last updated • 4 min readFrom Wikipedia, The Free Encyclopedia

Latvian pronunciation: [ˈvaldisdɔmˈbrɔvskis] ; born 5 August 1971) is a Latvianpolitician serving as Executive Vice President of the European Commission for An Economy that Works for People since 2019 and European Commissioner for Trade since 2020. He previously served as European Commissioner for Financial Stability, Financial Services and Capital Markets Union from 2016 to 2020 and Prime Minister of Latvia from 2009 to 2014.

Contents

Dombrovskis served as Minister for Finance of Latvia from 2002 to 2004. [2] He then served as a Member of the European Parliament (MEP) for the New Era Party from 2004 to 2009. He became the Prime Minister of Latvia in 2009, serving until his resignation in 2014. [3] He was Vice-President of the European Commission for the Euro and Social Dialogue from 2014 to 2019. Following the resignation of Lord Jonathan Hill, [4] Dombrovskis served as European Commissioner for Financial Stability, Financial Services and the Capital Markets Union from 2016 to 2020. Following the resignation of Phil Hogan, it was announced that he would take over the portfolio for Trade. [5]

Education and science career

Born in Riga to a family with Polish roots (the original Polish surname is Dąbrowski), Dombrovskis earned a bachelor's degree in economics for engineers from Riga Technical University in 1995 and a master's degree in physics from the University of Latvia in 1996. [6] He worked as a laboratory assistant at the Institute of Physics of the University of Mainz in Mainz, Germany, from 1995 to 1996, as an assistant at the University of Latvia's Institute of Solid-State Physics in 1997, and as a PhD student at the A. James Clark School of Engineering at the University of Maryland, College Park for electrical engineering in 1998. [6]

Political career

Career in national politics

In 2002, Dombrovskis became a board member of the New Era Party. He was Minister of Finance from 2002 to 2004 and a Member of the Latvian Parliament during its 8th parliamentary term (2002–2004). Then he was Observer at the Council of the European Union (2003–2004). [7]

Member of the European Parliament, 2004–2009

As Member of the European Parliament, Dombrovskis was a member of three European Parliament Committees: Committee on Budgets, Delegation to the ACP-EU Joint Parliamentary Assembly, Delegation to the Euro-Latin American Parliamentary Assembly. He is also a Substitute at Committee on Economic and Monetary Affairs, Committee on Budgetary Control and delegation to the EU-Kazakhstan, EU-Kyrgyzstan, and EU-Uzbekistan Parliamentary Cooperation Committees, and for relations with Tajikistan, Turkmenistan and Mongolia. [8]

Dombrovskis was also one of six Members of the European Parliament participating in the European Union's observer mission in Togo for the October 2007 Togolese parliamentary election. [9] юрзИ

Prime Minister of Latvia, 2009–2014

Dombrovskis meets with Danish Prime Minister Helle Thorning-Schmidt in Riga, 28 October 2011 Ministru prezidents V.Dombrovskis tiekas ar Danijas premjerministri H.Torningu-Smitu (6288106293).jpg
Dombrovskis meets with Danish Prime Minister Helle Thorning-Schmidt in Riga, 28 October 2011
Dombrovskis meets with President of the European Commission Jose Manuel Barroso in Brussels, 13 March 2013 V.Dombrovskis tiekas ar Eiropas Komisijas prezidentu Z.M.Barozu (8555066840).jpg
Dombrovskis meets with President of the European Commission José Manuel Barroso in Brussels, 13 March 2013

On 26 February 2009, following the resignation of Ivars Godmanis, President Valdis Zatlers nominated Dombrovskis to succeed Godmanis as prime minister. [3] It was believed that his government would consist of three of the four previously governing parties (all but Godmanis' LPP/LC), his own New Era Party, and a smaller right-wing party (the Civic Union); the government was approved on 12 March 2009. [10]

Dombrovskis resigned as prime minister on 27 November 2013 following the Zolitūde shopping centre roof collapse in which 54 people were killed. He announced that a new government is needed with strong support in the parliament after the tragedy, considering all related circumstances. His spokesman said that "the government takes political responsibility for the tragedy". [11] He denied the president had urged him to step down, stating that he had considered the decision for days and that the country needs government with strong support in parliament in the moment of crisis. [12]

Member of the European Commission, 2014–present

In February 2014, Dombrovskis officially lodged his application to be the candidate of the centre-right European People's Party (EPP) for the presidency of the European Commission; [13] shortly after he withdrew his candidacy to endorse Jean-Claude Juncker instead. [14] The Latvian government later nominated Dombrovskis to be the country's European Commissioner. [15]

Dombrovskis served as European Commission Vice-President for the Euro and Social Dialogue from 2014 to 2019. From July 2016, he was also in charge of the financial services portfolio formerly overseen by British Commissioner Jonathan Hill, who resigned after the Brexit vote. [16] In addition, he has been serving as co-chair of the EPP Economic and Financial Affairs Ministers Meeting – alongside Petteri Orpo (2016-2019) and Paschal Donohoe (since 2019) – which gathers the center-right EPP ministers ahead of meetings of the Economic and Financial Affairs Council (ECOFIN). [17]

Following the 2019 European election, Dombrovskis was nominated by the coalition government of Prime Minister Arturs Krišjānis Kariņš for a second term as Latvia's European Commissioner. [18] He subsequently decided to relinquish the seat he won in the election; he was succeeded by Inese Vaidere, also once again in 2024. [19] Ursula von der Leyen has since proposed that Frans Timmermans, Margrethe Vestager and Dombrovskis all serve as Executive Vice-Presidents of the commission with Dombrovskis having responsibility for an "Economy that Works for People". As Vice-Presidents of the commission, Dombrovskis has been a co-chair of the Trade and Technology Council since its creation in 2021. [20]

Dombrovskis (red tie) speaking to Antony Blinken and Stavros Lambrinidis next to Katherine Tai speaking to Margrethe Vestager before the inaugural U.S.-EU Trade and Technology Council (TTC) meeting, 2021 Secretary Blinken Meets with European Union Officials before TTC Ministerial (51532166314) (cropped).jpg
Dombrovskis (red tie) speaking to Antony Blinken and Stavros Lambrinidis next to Katherine Tai speaking to Margrethe Vestager before the inaugural U.S.-EU Trade and Technology Council (TTC) meeting, 2021
Dombrovskis with China's Minister for Commerce Wang Wentao, 24 April 2023 Wang- Dombrovskis meeting (2023).jpg
Dombrovskis with China's Minister for Commerce Wang Wentao, 24 April 2023
Dombrovskis with Turkish Trade Minister Omer Bolat in Brussels, 8 July 2024 Omer Bolat and Valdis Dombrovskis in 2024.jpg
Dombrovskis with Turkish Trade Minister Ömer Bolat in Brussels, 8 July 2024

Supporter of the University of Latvia Foundation

Dombrovskis is a supporter of the University of Latvia Foundation. In 2018, he donated 1,500 euros, awarding 3 one-time Valdis Dombrovskis Excellence Scholarships to Bachelor of Science students of the University of Latvia. [21]

Other activities

Personal life

He is married to Ārija Dombrovska. The two have no children. Dombrovskis plays basketball and goes skiing in his freetime. [23]

See also

Related Research Articles

<span class="mw-page-title-main">Politics of Latvia</span>

The politics of Latvia takes place in a framework of a parliamentary representative democratic republic, whereby the prime minister is the head of government, and of a multi-party system. The President holds a primarily ceremonial role as Head of State. Executive power is exercised by the government. Legislative power is vested in both the government and parliament, the Saeima. The Judiciary is independent of the executive and the legislature. The Economist Intelligence Unit rated Latvia a "flawed democracy" in 2022.

<span class="mw-page-title-main">President of the European Commission</span> Head of the European Commission

The president of the European Commission, also known as president of the College of Commissioners or prime commissioner, is the head of the European Commission, the executive branch of the European Union (EU). The president of the commission leads a cabinet of commissioners, referred to as the college. The president is empowered to allocate portfolios among, reshuffle, or dismiss commissioners as necessary. The college directs the commission's civil service, sets the policy agenda and determines the legislative proposals it produces. The commission is the only body that can propose, or draft, bills to become EU laws.

<span class="mw-page-title-main">People's Party (Latvia)</span> Latvian political party

The People's Party was a conservative political party in Latvia. The People's Party was the leader of three governments and a member of another four.

<span class="mw-page-title-main">Michel Barnier</span> Prime Minister of France in 2024

Michel Jean Barnier is a French politician who served as Prime Minister of France from September to December 2024. A member of a series of Gaullist parties, Barnier has served in several French cabinet positions under the governments from Édouard Balladur to François Fillon from 1993 to 2009. At the European Union (EU) level, Barnier was European Commissioner for Internal Market and Services from 2010 to 2014 and vice-president of the European People's Party (EPP) from 2010 to 2015. From October 2016 to 2021, he was the EU's chief negotiator on Britain's exit from the European Union.

<span class="mw-page-title-main">Artis Pabriks</span> Latvian politician

Artis Pabriks is a Latvian politician. Since January 2019 he has been the Minister for Defence and Deputy Prime Minister of Latvia. From 2014 to 2018, he was a Member of the European Parliament.

<span class="mw-page-title-main">Santer Commission</span> European Commission between 23 January 1995 and 15 March 1999

The Santer Commission was the European Commission in office between 23 January 1995 and 15 March 1999. The administration was led by Jacques Santer.

<span class="mw-page-title-main">Jyrki Katainen</span> Prime Minister of Finland from 2011 to 2014

Jyrki Tapani Katainen is a Finnish politician who served as the European Commission's Vice-President for Jobs, Growth, Investment and Competitiveness from 2014 until 2019. Katainen was previously prime minister of Finland from 2011 to 2014 and chairman of the National Coalition Party from 2004 to 2014. He was succeeded by Alexander Stubb as chairman of Finland's National Coalition Party. After stepping down as prime minister, Katainen was elected as European Commission Vice-President in July 2014.

<span class="mw-page-title-main">Inese Vaidere</span> Latvian politician

Inese Vaidere is a Latvian politician who currently serves as a Member of the European Parliament (MEP).

<span class="mw-page-title-main">Manfred Weber</span> German politician (born 1972)

Manfred Weber is a German politician who has been serving as President of the European People's Party (EPP) since 2022 and as Leader of the EPP Group in the European Parliament since 2014. He has been a Member of the European Parliament (MEP) from Germany since 2004. He is a member of the Christian Social Union (CSU), part of the European People's Party.

<span class="mw-page-title-main">Latvia and the euro</span>

Latvia replaced its previous currency, the lats, with the euro on 1 January 2014, after a European Union (EU) assessment in June 2013 asserted that the country had met all convergence criteria necessary for euro adoption. The adoption process began 1 May 2004, when Latvia joined the European Union, entering the EU's Economic and Monetary Union. At the start of 2005, the lats was pegged to the euro at Ls 0.702804 = €1, and Latvia joined the European Exchange Rate Mechanism, four months later on 2 May 2005.

<span class="mw-page-title-main">Ivars Godmanis</span> Latvian politician (born 1951)

Ivars Godmanis is a Latvian politician who served as the prime minister of Latvia from 1990 to 1993 and again from 2007 to 2009. He was the first prime minister of Latvia after the country restored its independence from the Soviet Union.

<span class="mw-page-title-main">European Commissioner for Trade</span> Member of the EU Commission

The European Commissioner for Trade is the member of the European Commission responsible for the European Union's common commercial policy.

<span class="mw-page-title-main">Executive Vice President of the European Commission for An Economy that Works for People</span> Member of the EU Commission

The Executive Vice President of the European Commission for An Economy that Works for People is the member of the European Commission responsible for economic and financial affairs. The position was previously titled Commissioner for Economic and Monetary Affairs and the Euro and European Vice President for the Euro and Social Dialogue from 2014 to 2019. The current executive vice president is Valdis Dombrovskis (EPP).

<span class="mw-page-title-main">2010 Latvian parliamentary election</span> Parliamentary election held in Latvia

Parliamentary elections were held in Latvia on 2 October 2010. It was the first parliamentary election to be held in Latvia since the beginning of the economic crisis during which Latvia had experienced one of the deepest recessions in the world.

<span class="mw-page-title-main">Civic Union (Latvia)</span> Latvian political party

The Civic Union was a political party in Latvia. It was founded in 2008, and most of its members came from the For Fatherland and Freedom/LNNK and New Era Party. A liberal-conservative party, it was part of the European People's Party at the European level. It has also been described as centre-right or right-wing.

Unity is a liberal-conservative political party in Latvia. It is a member of the New Unity alliance and is positioned on the centre-right on the political spectrum. Since 2017, its chairman of the Main Board has been the former Minister for Economics of Latvia, Arvils Ašeradens, who succeeded former European Commissioner Andris Piebalgs.

<span class="mw-page-title-main">First Dombrovskis cabinet</span>

The first Dombrovskis cabinet was the government of Latvia from 12 March 2009 to 3 November 2010. It was the first government to be led by Valdis Dombrovskis, who was Prime Minister from 2009 until 2014. It took office on 12 March 2009, after the resignation of Ivars Godmanis, succeeding the second Godmanis cabinet, which had lasted from 2007 to 2009. It was replaced by the second Dombrovskis cabinet on 3 November 2010, after the October 2010 election.

<span class="mw-page-title-main">Juncker Commission</span> European Commission from 2014 to 2019

The Juncker Commission was the European Commission in office from 1 November 2014 to 30 November 2019. Its president was Jean-Claude Juncker, who presided over 27 other commissioners. In July 2014, Juncker was officially elected to succeed José Manuel Barroso, who completed his second five-year term in that year.

<span class="mw-page-title-main">Ninth European Parliament</span> Session of the European Parliament from 2019 to 2024

The ninth European Parliament was elected during the 2019 elections and sat until the tenth European Parliament was sworn in on 16 July 2024.

von der Leyen Commission I European Commission from 2019 to 2024

The von der Leyen Commission was the European Commission in office from 1 December 2019 to 30 November 2024. It consisted of one commissioner from each of the member states of the European Union – including Ursula von der Leyen, its president, who is from Germany.

References

  1. "Valdis Dombrovskis". European Commission. 20 November 2019. Retrieved 1 October 2021.
  2. "History". Finanšu Ministrija.
  3. 1 2 "Dombrovskis chosen as Latvian PM". BBC News. 26 February 2009. Retrieved 26 February 2009.
  4. Rankin, Jennifer (25 June 2016). "UK's European commissioner quits in wake of Brexit vote". the Guardian. Retrieved 4 September 2018.
  5. "Mairead McGuinness named as Ireland's European commissioner, given 'important financial portfolio'". The Irish Times. 8 September 2020.
  6. 1 2 Dombrovskis, Valdis (2014). "Curriculum Vitae" (PDF). European Parliament .
  7. Turner, Barry, ed. (2017). The Statesman's Yearbook 2011. Palgrave Macmillan. p. 771. ISBN   9781349586356.
  8. Latvia: Country Study Guide. International Business Publications USA. 2012. p. 69. ISBN   9781438774817.
  9. "Arrivée à Lomé des députés européens", Republicoftogo.com, 11 October 2007 (in French). Archived 17 June 2009 at the Wayback Machine
  10. "Supermarket Tragedy Leads To Resignation Of Latvian Leader". www.wbur.org. Retrieved 30 September 2021.
  11. Latvian government falls over Riga supermarket disaster, BBC News , 27 November 2013.
  12. "Dombrovskis uzņemas atbildību par traģēdiju Zolitūdē - krīt valdība" (in Latvian). delfi.lv. 27 November 2013. Retrieved 27 November 2013.
  13. Dombrovskis seeks EPP nomination for Commission presidency European Voice , 19 February 2014.
  14. Dave Keating (6 March 2014), Dombrovskis withdraws from EPP candidate race European Voice .
  15. Andrew Gardner (5 June 2014), Dombrovskis gets Latvia's nod European Voice .
  16. Jim Brunsden (30 June 2016), Brexit gives Valdis Dombrovskis big sway over banks Financial Times .
  17. Council of the EU and Ministerial meetings European People's Party (EPP).
  18. Bjarke Smith-Meyer (11 June 2019), Latvia to send Dombrovskis back to Commission Politico Europe .
  19. Bjarke Smith-Meyer (20 June 2019), Dombrovskis gives up MEP seat to remain commissioner Politico Europe .
  20. "EU Eyes May In-Person Meeting of U.S. Technology Council". Bloomberg.com. 27 January 2022. Retrieved 4 September 2022.
  21. "Valdis Dombrovskis". www.fonds.lv.
  22. Board of Governors European Bank for Reconstruction and Development (EBRD).
  23. Voice, European (1 April 2009). "Valdis Dombrovskis – The young pretender". POLITICO.
Valdis Dombrovskis
Dombrovskis EC Portrait 2024.jpg
Official portrait, 2024
Executive Vice President of the European Commission for An Economy that Works for People
Assumed office
1 December 2019
Political offices
Preceded by Minister of Finance
2002–2004
Succeeded by
Preceded by Prime Minister of Latvia
2009–2014
Succeeded by
Preceded by European Commissioner for Financial Stability, Financial Services and Capital Markets Union
2016–2020
Succeeded by
Preceded by Latvian European Commissioner
2014–present
Incumbent
Preceded byas European Commissioner for Economic and Monetary Affairs and the Euro European Vice President for the Euro and Social Dialogue
2014–2019
Preceded by European Commissioner for Trade
Acting

2020–present