Erkki Liikanen (musician)
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Erkki Liikanen (musician)
Erkki Antero Liikanen (born 19 September 1950) is a Finnish social democratic politician and a former Governor of the Bank of Finland. Early life and education Erkki Antero Liikanen obtained a bachelor’s degree in Political Science (Economics) from the University of Helsinki in 1975. Political career Liikanen was elected to the Finnish Parliament in 1972 when he was only 21 years old. Liikanen was appointed as the Minister of Finance in the Holkeri Cabinet in 1987. He left Parliament in 1990 to become the first Finnish Ambassador to the European Union. In 1994 he became the first Finnish Member of the European Commission. He was Commissioner for Budget, Personnel and administration, which included responsibilities for translation and information technology. Liikanen served as Governor of the Bank of Finland from 12 July 2004. As such he also became a Member of the Governing Council of the European Central Bank (2004–2018) and Governor of the International Monetary Fund ...
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Bank Of Finland
The Bank of Finland ( fi, Suomen Pankki, sv, Finlands Bank) is the central bank of Finland. It views itself as the fourth oldest surviving central bank in the world, after Sweden's Riksbank, the Bank of England, and the Bank of France. History The precursor of Bank of Finland, ''Waihetus-, Laina- ja Depositioni-Contori Suomen Suuren-ruhtinaanmaassa'' (The Exchange, Loan and Deposit Office of the Grand Duchy of Finland), was established on 1 March 1812 in the city of Turku by Alexander I of Russia. In 1819 it was relocated to Helsinki. Until 1840 the main purpose of the bank was to carry out currency reform to introduce Imperial ruble. The Bank created and regulated the Finnish Markka from its inauguration in 1860 until Finland adopted the euro in 1999. Mandate, ownership and organization The Bank of Finland is Finland's central bank and a member of the European System of Central Banks and of the Eurosystem. It is Finland's monetary authority, and is responsible for the countr ...
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European Commissioner
A European Commissioner is a member of the 27-member European Commission. Each member within the Commission holds a specific portfolio. The commission is led by the President of the European Commission. In simple terms they are the equivalent of government ministers. Appointment Commissioners are nominated by member states in consultation with the commission president, who then selects a team of commissioners. This team of nominees are then subject to hearings at the European Parliament, which questions them and then votes on their suitability as a whole. If members of the team are found to be inappropriate, the president must then reshuffle the team or request a new candidate from the member state or risk the whole commission being voted down. As parliament cannot vote against individual commissioners there is usually a compromise whereby the worst candidates are removed but minor objections are put aside, or dealt with by adjusting portfolios, so the commission can take offi ...
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International Monetary Fund
The International Monetary Fund (IMF) is a major financial agency of the United Nations, and an international financial institution, headquartered in Washington, D.C., consisting of 190 countries. Its stated mission is "working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world." Formed in 1944, started on 27 December 1945, at the Bretton Woods Conference primarily by the ideas of Harry Dexter White and John Maynard Keynes, it came into formal existence in 1945 with 29 member countries and the goal of reconstructing the international monetary system. It now plays a central role in the management of balance of payments difficulties and international financial crises. Countries contribute funds to a pool through a quota system from which countries experiencing balance of payments problems can borrow money. , the fund had XDR 477 billion (a ...
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European Central Bank
The European Central Bank (ECB) is the prime component of the monetary Eurosystem and the European System of Central Banks (ESCB) as well as one of seven institutions of the European Union. It is one of the world's Big Four (banking)#International use, most important central banks. The Governing Council of the European Central Bank, ECB Governing Council makes the projects for the monetary policy for the European Union with suggestions and recommendations and to the Eurozone with more direct applications of such policies, it also administers the foreign exchange reserves of EU member states in the Eurozone, engages in foreign exchange operations, and defines the intermediate monetary aims and objectives, and also the common interest rates for the EU. The Executive Board of the European Central Bank, ECB Executive Board makes policies and decisions of the Governing Council, and may give direction to the national central banks, especially when doing so for the Eurozone central ...
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European Commission
The European Commission (EC) is the executive of the European Union (EU). It operates as a cabinet government, with 27 members of the Commission (informally known as "Commissioners") headed by a President. It includes an administrative body of about 32,000 European civil servants. The Commission is divided into departments known as Directorates-General (DGs) that can be likened to departments or ministries each headed by a Director-General who is responsible to a Commissioner. There is one member per member state, but members are bound by their oath of office to represent the general interest of the EU as a whole rather than their home state. The Commission President (currently Ursula von der Leyen) is proposed by the European Council (the 27 heads of state/governments) and elected by the European Parliament. The Council of the European Union then nominates the other members of the Commission in agreement with the nominated President, and the 27 members as a team are then ...
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Ambassadors Of The European Union
Below are current ambassadors of the European Union to non-EU countries and international organizations. They are also known as delegation heads or envoys. Prior to the Treaty of Lisbon, the EU was represented abroad by the Ambassador of the country holding the semestral Presidency of the Council of the European Union, EU presidency, and the European Commission was represented by a Head of Delegation of the European Commission, member of the diplomatic corps and given the title of ambassador as a courtesy. Since 2010, the Ambassador of the European Union, now officially accredited as Ambassador Extraordinary and Plenipotentiary, is appointed by the President of the European Council and the President of the European Commission, following a proposal by the High Representative of the Union for Foreign Affairs and Security Policy. They are chosen among candidates coming from the European External Action Service (EEAS), the European Commission, the European Council and the 27 Ministr ...
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Holkeri Cabinet
The cabinet of Harri Holkeri was the 64th government of Finland, which existed from 30 April 1987 to 26 April 1991. It was a majority government formed by the National Coalition Party, the Social Democratic Party, the Swedish People's Party, and the Rural Party. The cabinet's Prime Minister was Harri Holkeri Harri Hermanni Holkeri (; 6 January 1937 – 7 August 2011) was a Finnish statesman representing the National Coalition Party of Finland (Kokoomus / Samlingspartiet). He was the Prime Minister of Finland 1987–1991, president of the UN Gene .... The Rural Party left the coalition in August 1990 because it disagreed with the government's pension funding plan. Ministers References {{Reflist Holkeri 1987 establishments in Finland 1991 disestablishments in Finland Cabinets established in 1987 Cabinets disestablished in 1991 ...
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Politics Of Finland
The politics of Finland take place within the framework of a parliamentary representative democracy. Finland is a republic whose head of state is President Sauli Niinistö, who leads the nation's foreign policy and is the supreme commander of the Finnish Defence Forces. Finland's head of government is Prime Minister Sanna Marin, who leads the nation's executive branch, called the Finnish Government. Legislative power is vested in the Parliament of Finland (, ), and the Government has limited rights to amend or extend legislation. Because the Constitution of Finland vests power to both the President and Government, the President has veto power over parliamentary decisions, although this power can be overruled by a majority vote in the Parliament. The judiciary is independent of the executive and legislative branches. The judiciary consists of two systems: regular courts and administrative courts. The judiciary's two systems are headed by the Supreme Court and the Supreme Admi ...
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University Of Helsinki
The University of Helsinki ( fi, Helsingin yliopisto, sv, Helsingfors universitet, abbreviated UH) is a public research university located in Helsinki, Finland since 1829, but founded in the city of Turku (in Swedish ''Åbo'') in 1640 as the Royal Academy of Åbo, at that time part of the Swedish Empire. It is the oldest and largest university in Finland with the widest range of disciplines available. In 2020, around 31,600 students were enrolled in the degree programs of the university spread across 11 faculties and 11 research institutes. As of 1 August 2005, the university complies with the harmonized structure of the Europe-wide Bologna Process and offers bachelor, master, licenciate, and doctoral degrees. Admission to degree programmes is usually determined by entrance examinations, in the case of bachelor's degrees, and by prior degree results, in the case of master and postgraduate degrees. Entrance is particularly selective (circa 15% of the yearly applicants are admi ...
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Social Democratic Party Of Finland
The Social Democratic Party of Finland (SDP, fi, Suomen sosialidemokraattinen puolue ; sv, Finlands socialdemokratiska parti), shortened to the Social Democrats ( fi, link=no, Sosiaalidemokraatit; sv, link=no, Socialdemokrater) and commonly known in Finnish as Demarit ( sv, link=no, Socialdemokraterna), is a social-democratic political party in Finland. It is currently the largest party in the Parliament of Finland with 40 seats. Founded in 1899 as the Finnish Labour Party ( fi, link=no, Suomen työväenpuolue; sv, link=no, Finska arbetarpartiet), the SDP is Finland's oldest active political party and has a close relationship with the Central Organisation of Finnish Trade Unions. It is also a member of the Party of European Socialists, Progressive Alliance, Socialist International and SAMAK. Following the resignation of Antti Rinne in December 2019, Sanna Marin became the country's 76th Prime Minister. SDP formed a new coalition government on the basis of its predecessor, in ...
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Finland
Finland ( fi, Suomi ; sv, Finland ), officially the Republic of Finland (; ), is a Nordic country in Northern Europe. It shares land borders with Sweden to the northwest, Norway to the north, and Russia to the east, with the Gulf of Bothnia to the west and the Gulf of Finland across Estonia to the south. Finland covers an area of with a population of 5.6 million. Helsinki is the capital and largest city, forming a larger metropolitan area with the neighbouring cities of Espoo, Kauniainen, and Vantaa. The vast majority of the population are ethnic Finns. Finnish, alongside Swedish, are the official languages. Swedish is the native language of 5.2% of the population. Finland's climate varies from humid continental in the south to the boreal in the north. The land cover is primarily a boreal forest biome, with more than 180,000 recorded lakes. Finland was first inhabited around 9000 BC after the Last Glacial Period. The Stone Age introduced several differ ...
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