Jānis Reirs
Jānis Reirs (born 23 September 1961 in Riga) is a Latvian politician who served as Minister of Finance in the first Kariņš cabinet from 2019 until 2022, as well as Minister for Welfare in the Kučinskis cabinet from 2016 until 2019 and Minister of Finance in the second Straujuma cabinet. Education Reirs holds a master's degree in economics from the University of Latvia (LU).Board of Governors: Jānis Reirs . Career As a student, Jānis Reirs was an active Communist Youth activist, ready to climb the ladder of a Communist career. At a time when the progressive part of the Latvian p ...[...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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List Of Ministers Of Finance Of Latvia
A list is a set of discrete items of information collected and set forth in some format for utility, entertainment, or other purposes. A list may be memorialized in any number of ways, including existing only in the mind of the list-maker, but lists are frequently written down on paper, or maintained electronically. Lists are "most frequently a tool", and "one does not ''read'' but only ''uses'' a list: one looks up the relevant information in it, but usually does not need to deal with it as a whole".Lucie Doležalová,The Potential and Limitations of Studying Lists, in Lucie Doležalová, ed., ''The Charm of a List: From the Sumerians to Computerised Data Processing'' (2009). Purpose It has been observed that, with a few exceptions, "the scholarship on lists remains fragmented". David Wallechinsky, a co-author of ''The Book of Lists'', described the attraction of lists as being "because we live in an era of overstimulation, especially in terms of information, and lists help us ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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World Bank Group
The World Bank Group (WBG) is a family of five international organizations that make leveraged loans to developing countries. It is the largest and best-known development bank in the world and an observer at the United Nations Development Group. The bank is headquartered in Washington, D.C., in the United States. It provided around $98.83 billion in loans and assistance to "developing" and transition countries in the 2021 fiscal year. The bank's stated mission is to achieve the twin goals of ending extreme poverty and building shared prosperity.The World Bank, Press release: "World Bank Group Commitments Rise Sharply in FY14 Amid Organizational Change"July 1 2014, http://www.worldbank.org/en/news/press-release/2014/07/01/world-bank-group-commitments-rise-sharply-in-fy14-amid-organizational-change/ref> Total lending as of 2015 for the last 10 years through Development Policy Financing was approximately $117 billion. Its five organizations have been established over time: ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Multilateral Investment Guarantee Agency
The Multilateral Investment Guarantee Agency (MIGA) is an international financial institution which offers political risk insurance and credit enhancement guarantees. These guarantees help investors protect foreign direct investments against political and non-commercial risks in developing countries. MIGA is a member of the World Bank Group and is headquartered in Washington, D.C. in the United States. MIGA was established in 1988 as an investment insurance facility to encourage confident investment in developing countries. MIGA is owned and governed by its member states, but has its own executive leadership and staff which carry out its daily operations. Its shareholders are member governments that provide paid-in capital and have the right to vote on its matters. It insures long-term debt and equity investments as well as other assets and contracts with long-term periods. The agency is assessed by the World Bank's Independent Evaluation Group each year. History In Septembe ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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European Bank For Reconstruction And Development
The European Bank for Reconstruction and Development, shortened to EBRD ( French: ''Banque européenne pour la reconstruction et le développement'' or ''BERD''), is an international financial institution founded in 1991 in Paris. As a multilateral developmental investment bank, the EBRD uses investment as a tool to build market economies. Initially focused on the countries of the former Eastern Bloc it expanded to support development in more than 30 countries from Central Europe to Central Asia. Similar to other multilateral development banks, the EBRD has members from all over the world (North America, Africa, Asia and Australia, see below), with the biggest single shareholder being the United States, but only lends regionally in its countries of operations. Headquartered in London, the EBRD is owned by 75 countries and two European Union institutions, the newest shareholder being Nigeria since February 2025. Despite its public sector shareholders, it invests in private ente ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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European Investment Bank
The European Investment Bank (EIB) is the European Union's investment bank and is owned by the 27 member states. It is the largest multilateral financial institution in the world. The EIB finances and invests both through equity and debt solutions companies and projects that achieve the policy aims of the European Union through loans, equity and guarantees. The EIB focuses on the areas of climate, environment, small and medium-sized enterprises (SMEs), development, cohesion and infrastructure. It has played a large role in providing finance during crises including the 2008 financial crisis and the COVID-19 pandemic. Over 60 years since its inception in 1958 to 2018 the EIB has invested over 1.1 trillion euros. It primarily funds projects that "cannot be entirely financed by the various means available in the individual Member States". The EIB is one of the biggest financiers of Sustainable finance, green finance in the world. In 2007, the EIB became the first institution in ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Saeima
The Saeima () is the parliament of the Latvia, Republic of Latvia. It is a unicameral parliament consisting of 100 members who are elected by proportional representation, with seats allocated to political parties which gain at least 5% of the popular vote. Elections are scheduled to be held once every four years, normally on the first Saturday of October. The most recent elections were held in 2022 Latvian parliamentary election, October 2022. The President of Latvia can dismiss the Saeima and request early elections. The Parliamentary dissolution power of Latvian President, procedure for dismissing it involves substantial political risk to the president, including a risk of loss of office. On 28 May 2011 president Valdis Zatlers decided to initiate the dissolution of the Saeima, which was approved in a 2011 Latvian parliamentary dissolution referendum, referendum, and the Saeima was dissolved on 23 July 2011. The current Speaker of the Saeima is Daiga Mieriņa of the Union of ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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2022 Latvian Parliamentary Election
Parliamentary elections were held in Latvia on 1 October 2022 to elect the Fourteenth Saeima of Latvia, following the end of the term of the Thirteenth Saeima of Latvia, 13th Saeima elected in 2018. Incumbent Prime Minister Krišjānis Kariņš led his New Unity party and allies to a decisive win in the election which was seen as a decisive victory for pro-Western parties in the country. Karinš went on to form the Second Kariņš cabinet with National Alliance (Latvia), National Alliance and United List (Latvia), United List. Electoral system The 100 members of the Saeima are elected by open list, proportional representation from five multi-member constituencies ranging in size from 12 to 36 seats and based on the regions of Latvia, with overseas votes included in the Riga constituency. Seats are allocated using the Sainte-Laguë method with a national electoral threshold of 5%. Voters may cast "specific votes" for candidates on the list that they have voted for. This involves ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Reuters
Reuters ( ) is a news agency owned by Thomson Reuters. It employs around 2,500 journalists and 600 photojournalists in about 200 locations worldwide writing in 16 languages. Reuters is one of the largest news agencies in the world. The agency was established in London in 1851 by Paul Reuter. The Thomson Corporation of Canada acquired the agency in a 2008 corporate merger, resulting in the formation of the Thomson Reuters Corporation. In December 2024, Reuters was ranked as the 27th most visited news site in the world, with over 105 million monthly readers. History 19th century Paul Julius Reuter worked at a book-publishing firm in Berlin and was involved in distributing radical pamphlets at the beginning of the Revolutions of 1848. These publications brought much attention to Reuter, who in 1850 developed a prototype news service in Aachen using homing pigeons and electric telegraphy from 1851 on, in order to transmit messages between Brussels and Aachen, in what today is Aa ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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2002 Latvian Parliamentary Election
Parliamentary elections were held in Latvia on 5 October 2002.Dieter Nohlen & Philip Stöver (2010) ''Elections in Europe: A data handbook'', p1122 The New Era Party emerged as the largest party in the Saeima, winning 26 of the 100 seats. Results Aftermath Voters severely punished the previous governing parties, with the People's Party and For Fatherland and Freedom both losing seats, while Latvian Way lost all its MPs. A new coalition government was formed by the New Era Party, Latvia's First Party, For Fatherland and Freedom and the Union of Greens and Farmers. This enjoyed a parliamentary majority of 55 of the 100 MPs. However, after two years For Fatherland and Freedom left the coalition and was replaced by the People's Party, who returned to government after a two-year absence. References {{Latvian elections Parliamentary elections in Latvia 2002 elections in Europe, Latvia 2002 in Latvia, Parliamentary ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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New Unity
The New Unity (, JV) is a centre-right political alliance in Latvia. Its members are Unity and four other regional parties, and it is orientated towards liberal-conservatism and liberalism. History Before the 2018 Latvian parliamentary elections the Unity party formed the New Unity party alliance (the party itself is still registered as Unity) in April 2018 together with the regional ''For Kuldīga Municipality'', ''For Valmiera and Vidzeme'' and parties, joined by the ''Jēkabpils Regional Party'' in June. The Latgale Party, a previous partner of Unity that had run on its list in the past, initially was uncertain whether to join the alliance, since a faction of the party supported a partnership with the Latvian Association of Regions, ended up ultimately signing a cooperation agreement in July. An offer to join the list was also extended to the liberal Movement For! and the centre-left Progressives, but both parties eventually declined. While the JV list performed p ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Einars Repše
Einars Repše (born 9 December 1961) is a Latvian physicist, financier and politician, chairman of the Association for Latvian Development. Early life Einars Repše graduated from Latvia State University (now known as University of Latvia) in 1986 with a degree in physics (specialisation – radio electronics). He first entered politics in 1988 as one of the founders of the Latvian National Independence Movement (LNNK), a political organization promoting Latvia's independence from the Soviet Union. He was elected to the parliament of Latvia in 1990. Career 1990s From 1991 to 2001, Repše was the president of the Bank of Latvia (Latvia's central bank). During this period, he oversaw the introduction of the Latvian rouble, Latvia's temporary transitional currency and the Lats, independent Latvia's new currency. Under Repše, the Bank of Latvia pursued a tight monetary policy, implementing a de facto currency board for the Lats. As a result, the exchange rate of the lat h ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |