Valdis Dombrovskis
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Valdis Dombrovskis (born 5 August 1971) is a Latvian
politician A politician is a person active in party politics, or a person holding or seeking an elected office in government. Politicians propose, support, reject and create laws that govern the land and by an extension of its people. Broadly speaking ...
serving as Executive Vice President of the European Commission for An Economy that Works for People since 2019 and
European Commissioner for Trade The European Commissioner for Trade (sometimes referred to as the ''EU Trade Commissioner'') is the member of the European Commission responsible for the European Union's common commercial policy. Responsibilities The Commissioner heads up the ...
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. Dombrovskis served as Minister for Finance of Latvia from 2002 to 2004. He then served as a
Member of the European Parliament A Member of the European Parliament (MEP) is a person who has been elected to serve as a popular representative in the European Parliament. When the European Parliament (then known as the Common Assembly of the ECSC) first met in 1952, its ...
(MEP) for the New Era Party from 2004 to 2009. He became the Prime Minister of Latvia 2009, serving until his resignation in 2014. 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, 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 Phil Hogan (born 4 July 1960) is an Irish Fine Gael politician who served as European Commissioner for Trade between 2019 and 2020, and previously European Commissioner for Agriculture and Rural Development between 2014 and 2019. He previously ...
, it was announced that he would take over the portfolio for
Trade Trade involves the transfer of goods and services from one person or entity to another, often in exchange for money. Economists refer to a system or network that allows trade as a market. An early form of trade, barter, saw the direct excha ...
.


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 Riga Technical University (RTU) ( lv, Rīgas Tehniskā universitāte) is the oldest technical university in the Baltic countries established on October 14, 1862. It is located in Riga, Latvia and was previously known as 'Riga Polytechnical Ins ...
in 1995 and a master's degree in physics from the
University of Latvia University of Latvia ( lv, Latvijas Universitāte, shortened ''LU'') is a state-run university located in Riga, Latvia established in 1919. The ''QS World University Rankings'' places the university between 801st and 1000th globally, seventh ...
in 1996. He worked as a laboratory assistant at the Institute of Physics of the
University of Mainz The Johannes Gutenberg University Mainz (german: Johannes Gutenberg-Universität Mainz) is a public research university in Mainz, Rhineland Palatinate, Germany, named after the printer Johannes Gutenberg since 1946. With approximately 32,000 stud ...
in
Mainz Mainz () is the capital and largest city of Rhineland-Palatinate, Germany. Mainz is on the left bank of the Rhine, opposite to the place that the Main joins the Rhine. Downstream of the confluence, the Rhine flows to the north-west, with Ma ...
,
Germany Germany,, officially the Federal Republic of Germany, is a country in Central Europe. It is the second most populous country in Europe after Russia, and the most populous member state of the European Union. Germany is situated betwe ...
, 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 The University of Maryland, College Park (University of Maryland, UMD, or simply Maryland) is a public land-grant research university in College Park, Maryland. Founded in 1856, UMD is the flagship institution of the University System of M ...
for electrical engineering in 1998.


Political career


Career in national politics

In 2002, Dombrovskis became a board member of the New Era Party. He was
Minister of Finance A finance minister is an executive or cabinet position in charge of one or more of government finances, economic policy and financial regulation. A finance minister's portfolio has a large variety of names around the world, such as "treasury", " ...
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 The Council of the European Union, often referred to in the treaties and other official documents simply as the Council, and informally known as the Council of Ministers, is the third of the seven Institutions of the European Union (EU) as ...
(2003–2004).


Member of the European Parliament, 2004–2009

As
Member of the European Parliament A Member of the European Parliament (MEP) is a person who has been elected to serve as a popular representative in the European Parliament. When the European Parliament (then known as the Common Assembly of the ECSC) first met in 1952, its ...
, 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 Kazakhstan, officially the Republic of Kazakhstan, is a transcontinental country located mainly in Central Asia and partly in Eastern Europe. It borders Russia to the north and west, China to the east, Kyrgyzstan to the southeast, Uzbeki ...
, EU-
Kyrgyzstan Kyrgyzstan,, pronounced or the Kyrgyz Republic, is a landlocked country in Central Asia. Kyrgyzstan is bordered by Kazakhstan to the north, Uzbekistan to the west, Tajikistan to the south, and the People's Republic of China to the ea ...
, and EU-
Uzbekistan Uzbekistan (, ; uz, Ozbekiston, italic=yes / , ; russian: Узбекистан), officially the Republic of Uzbekistan ( uz, Ozbekiston Respublikasi, italic=yes / ; russian: Республика Узбекистан), is a doubly landlocked co ...
Parliamentary Cooperation Committees, and for relations with
Tajikistan Tajikistan (, ; tg, Тоҷикистон, Tojikiston; russian: Таджикистан, Tadzhikistan), officially the Republic of Tajikistan ( tg, Ҷумҳурии Тоҷикистон, Jumhurii Tojikiston), is a landlocked country in Centr ...
, Turkmenistan and
Mongolia Mongolia; Mongolian script: , , ; lit. "Mongol Nation" or "State of Mongolia" () is a landlocked country in East Asia, bordered by Russia to the north and China to the south. It covers an area of , with a population of just 3.3 million, ...
. Dombrovskis was also one of six Members of the European Parliament participating in the European Union's observer mission in
Togo Togo (), officially the Togolese Republic (french: République togolaise), is a country in West Africa. It is bordered by Ghana to the west, Benin to the east and Burkina Faso to the north. It extends south to the Gulf of Guinea, where its c ...
for the October 2007 Togolese parliamentary election.


Prime Minister of Latvia, 2009–2014

On 26 February 2009, following the resignation of
Ivars Godmanis Ivars Godmanis (born 27 November 1951) 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 t ...
,
President President most commonly refers to: *President (corporate title) * President (education), a leader of a college or university * President (government title) President may also refer to: Automobiles * Nissan President, a 1966–2010 Japanese ...
Valdis Zatlers Valdis Zatlers (born 22 March 1955) is a Latvian politician and former physician who served as the seventh president of Latvia from 2007 to 2011. He won the Latvian presidential election of 31 May 2007. He became President of Latvia on 8 July 2 ...
nominated Dombrovskis to succeed Godmanis as Prime Minister. 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. Dombrovskis resigned as Prime Minister on 27 November 2013 following the
Zolitūde shopping centre roof collapse On 21 November 2013 the roof of a Maxima shopping centre in the Zolitūde neighbourhood of Riga, Latvia, collapsed at 17:41 local time resulting in the deaths of 54 people, including three rescue workers, and injuries to another 41 people. An ...
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". 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.


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; shortly after he withdrew his candidacy to endorse
Jean-Claude Juncker Jean-Claude Juncker (; born 9 December 1954) is a Luxembourgish politician who served as the 21st Prime Minister of Luxembourg from 1995 to 2013 and 12th President of the European Commission from 2014 to 2019. He also served as Finance Minister ...
instead. The Latvian government later nominated Dombrovskis to be the country’s European Commissioner. 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 Brexit (; a portmanteau of "British exit") was the withdrawal of the United Kingdom (UK) from the European Union (EU) at 23:00 GMT on 31 January 2020 (00:00 1 February 2020 CET).The UK also left the European Atomic Energy Community (EAEC ...
vote. In addition, he has been serving as co-chair of the EPP Economic and Financial Affairs Ministers Meeting – alongside
Petteri Orpo Antti Petteri Orpo (born 3 November 1969) is a Finnish politician serving as the leader of the National Coalition Party since 2016. He has previously served as Deputy Prime Minister of Finland from 2017 to 2019, Minister of Finance from 2016 to 2 ...
(2016-2019) and
Paschal Donohoe Paschal Donohoe (born 19 September 1974) is an Irish Fine Gael politician who has served as Minister for Public Expenditure and Reform since December 2022 and President of the Eurogroup since July 2020. He has been a Teachta Dála (TD) for the ...
(since 2019) – which gathers the center-right EPP ministers ahead of meetings of the
Economic and Financial Affairs Council The Economic and Financial Affairs Council (ECOFIN) is one of the oldest configurations of the Council of the European Union and is composed of the economics and finance ministers of the 27 European Union member states, as well as Budget Minist ...
(ECOFIN). Following the 2019 European election, Dombrovskis was nominated by the coalition government of
Prime Minister A prime minister, premier or chief of cabinet is the head of the cabinet and the leader of the ministers in the executive branch of government, often in a parliamentary or semi-presidential system. Under those systems, a prime minister i ...
Arturs Krišjānis Kariņš for a second term as Latvia's European Commissioner. He subsequently decided to relinquish the seat he won in the election; he was succeeded by Inese Vaidere. Ursula von der Leyen has since proposed that Frans Timmermans,
Margrethe Vestager Margrethe Vestager (; born 13 April 1968) is a Danish politician currently serving as Executive Vice President of the European Commission for A Europe Fit for the Digital Age since December 2019 and European Commissioner for Competition since ...
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 The Trade and Technology Council (TTC) is a transatlantic political body which serves as a diplomatic forum to coordinate technology and trade policy between the United States and European Union. It is composed of ten working groups, each focusin ...
since its creation in 2021.


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.


Other activities

* European Bank for Reconstruction and Development (EBRD), Ex-Officio Member of the Board of Governors (since 2019)


Personal life

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


See also

* First Dombrovskis cabinet * Second Dombrovskis cabinet * Third Dombrovskis cabinet *
Capital Markets Union The Capital Markets Union (CMU) is an economic policy initiative launched by the former president of the European Commission, Jean-Claude Junker in the initial exposition of his policy agenda on 15 July 2014. The main target was to create a sin ...


References


External links

* *
The Cabinet of Ministers of the Republic of Latvia
, - , - , - , - , - {{DEFAULTSORT:Dombrovskis, Valdis 1971 births Living people Politicians from Riga Latvian people of Polish descent New Era Party politicians New Unity politicians Prime Ministers of Latvia Ministers of Finance of Latvia Deputies of the 8th Saeima Deputies of the 10th Saeima Deputies of the 11th Saeima Latvian European Commissioners New Era Party MEPs MEPs for Latvia 2004–2009 MEPs for Latvia 2014–2019 University of Latvia alumni Riga Technical University alumni Recipients of the Order of Prince Yaroslav the Wise, 2nd class Recipients of the Order of the Cross of Terra Mariana, 1st Class European Commissioners 2014–2019 European Commissioners 2019–2024 Recipients of the Order of Prince Yaroslav the Wise, 1st class