Jānis Reirs
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Jānis Reirs
Jānis Reirs (born 23 September 1961 in Riga) is a Latvian politician who has been serving as Minister of Finance in the government of Prime Minister Arturs Krišjānis Kariņš since 2019. He previously served as Minister for Welfare in the Kučinskis cabinet from 2016 to 2019 and Minister for 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
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Career

Reirs was active member of Communist party (students’ organization). While progressive part of Latvian nation was talking ...
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List Of Ministers Of Finance Of Latvia
The Minister of Finance of Latvia is a member of the Cabinet of Ministers of Latvia, and is the political leader of the Ministry of Finance of Latvia. Arvils Ašeradens is the current officeholder since 14 December 2022. Ministers from 1926 to 1940 *Arturs Alberings, 10 September 1926 — 18 December 1926 * Voldemārs Bastjānis, 19 December 1926 — 23 January 1928 *Pēteris Juraševskis, 24 January 1928 — 7 March 1928 * Roberts Liepiņš, 8 March 1928 — 30 November 1928 * Ansis Petrevics, 1 December 1928 — 26 March 1931 * Jānis Annuss, 27 March 1931 — 6 December 1931 *Gustavs Zemgals, 11 December 1931 — 20 February 1932 * Marģers Skujenieks, 21 February 1932 — 23 March 1933 * Jānis Annuss, 24 March 1933 — 16 March 1934 * Ēvalds Rimbenieks, 17 March 1934 — 15 May 1934 * Ludvigs Ēķis, 16 May 1934 — 15 June 1938 * Alfrēds Valdmanis, 16 June 1938 — 25 October 1939 * Jānis Kaminskis, 26 October 1939 — 16 June 1940 Source: Ministers since 1990 Source: ...
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List Of Ministers Of Finance Of Latvia
The Minister of Finance of Latvia is a member of the Cabinet of Ministers of Latvia, and is the political leader of the Ministry of Finance of Latvia. Arvils Ašeradens is the current officeholder since 14 December 2022. Ministers from 1926 to 1940 *Arturs Alberings, 10 September 1926 — 18 December 1926 * Voldemārs Bastjānis, 19 December 1926 — 23 January 1928 *Pēteris Juraševskis, 24 January 1928 — 7 March 1928 * Roberts Liepiņš, 8 March 1928 — 30 November 1928 * Ansis Petrevics, 1 December 1928 — 26 March 1931 * Jānis Annuss, 27 March 1931 — 6 December 1931 *Gustavs Zemgals, 11 December 1931 — 20 February 1932 * Marģers Skujenieks, 21 February 1932 — 23 March 1933 * Jānis Annuss, 24 March 1933 — 16 March 1934 * Ēvalds Rimbenieks, 17 March 1934 — 15 May 1934 * Ludvigs Ēķis, 16 May 1934 — 15 June 1938 * Alfrēds Valdmanis, 16 June 1938 — 25 October 1939 * Jānis Kaminskis, 26 October 1939 — 16 June 1940 Source: Ministers since 1990 Source: ...
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World Bank
The World Bank is an international financial institution that provides loans and grants to the governments of low- and middle-income countries for the purpose of pursuing capital projects. The World Bank is the collective name for the International Bank for Reconstruction and Development (IBRD) and International Development Association (IDA), two of five international organizations owned by the World Bank Group. It was established along with the International Monetary Fund at the 1944 Bretton Woods Conference. After a slow start, its first loan was to France in 1947. In the 1970s, it focused on loans to developing world countries, shifting away from that mission in the 1980s. For the last 30 years, it has included NGOs and environmental groups in its loan portfolio. Its loan strategy is influenced by the Sustainable Development Goals as well as environmental and social safeguards. , the World Bank is run by a president and 25 executive directors, as well as 29 various vice ...
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Nordic Investment Bank
The Nordic Investment Bank (NIB) is an international financial institution founded in 1975 by the five Nordic countries (Denmark, Finland, Iceland, Norway, and Sweden). In 2005, the three Baltic states (Estonia, Latvia, and Lithuania) also became members of the Bank. NIB’s headquarters are located in Helsinki, Finland. NIB acquires the funds for its lending by borrowing on the international capital markets. Strategy NIB provides loans and guarantees to private and public limited companies, governments, municipalities and financial institutions. Its main lending areas are: * energy & water *infrastructure, transport & telecom *industries & services *financial institutions & small and medium-sized enterprises NIB has a significant environmental loan portfolio outside its member countries, including the Baltic Sea and Barents regions. The bank acquires the funds for its lending by borrowing on international capital markets. NIB's bonds have the highest possible credit rating, ...
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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 are the International Bank for Reconstruc ...
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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 September ...
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European Bank For Reconstruction And Development
The European Bank for Reconstruction and Development (EBRD) is an international financial institution founded in 1991. 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 71 countries and two European Union institutions, the newest shareholder being Algeria since October 2021. Despite its public sector shareholders, it invests in private enterprises, together with commercial partners. The EBRD is not to be confused with the European Investment Bank (EIB), ...
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European Investment Bank
The European Investment Bank (EIB) is the European Union's investment bank and is owned by the EU Member States. It is one of the largest supranational lenders in the world. The EIB finances and invests both through equity and debt solutions projects that achieve the policy aims of the European Union through loans, guarantees and technical assistance. 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 crash and the COVID-19 pandemic. Since its inception in 1958 the EIB has invested over one 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 the world to issue Green bond, ...
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Reuters
Reuters ( ) is a news agency owned by Thomson Reuters Corporation. It employs around 2,500 journalists and 600 photojournalists in about 200 locations worldwide. Reuters is one of the largest news agencies in the world. The agency was established in London in 1851 by the German-born Paul Reuter. It was acquired by the Thomson Corporation of Canada in 2008 and now makes up the media division of Thomson Reuters. History 19th century Paul Reuter worked at a book-publishing firm in Berlin and was involved in distributing radical pamphlets at the beginning of the Revolutions in 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 Aachen's Reuters House. Reuter moved to London in 1851 and established a news wire agency at the London Royal Exchange. Headquartered in London, Reuter' ...
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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 Latvia Parliamentary A parliamentary system, or parliamentarian democracy, is a system of democracy, democratic governme ...
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New Unity
The New Unity ( lv, Jaunā Vienotība, JV) is a centre-right political alliance in Latvia. Its members are Unity, the Latgale Party 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 decli ...
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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. Biography 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. 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 transition 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 has been stable since t ...
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