Jānis Reirs Explained

Jānis Reirs
Office:Minister of Finance
Primeminister:Krišjānis Kariņš
Term Start:23 January 2019
Term End:14 December 2022
Predecessor:Dana Reizniece-Ozola
Successor:Arvils Ašeradens
Primeminister1:Laimdota Straujuma
Term Start1:5 November 2014
Term End1:11 February 2016
Predecessor1:Andris Vilks
Successor1:Dana Reizniece-Ozola
Office3:Minister of Welfare
Primeminister3:Māris Kučinskis
Term Start3:11 February 2016
Term End3:23 January 2019
Predecessor3:Uldis Augulis
Successor3:Ramona Petraviča
Birth Date:23 September 1961
Birth Place:Riga, Latvian SSR
(now Latvia)
Party:New Era Party (until 2011)
Unity
Alma Mater:University of Latvia

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[1] and Minister of Finance in the second Straujuma cabinet.[1]

Education

Reirs holds a master's degree in economics from the University of Latvia (LU).[2]

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 population was founding organisations for the restoration of independence, Janis Reirs defended and praised the ideals of communism.

Reirs was a Member of the Board of Trasta komercbanka PLC from 1996 to 1999.[2] He chaired the board of JSC Spodrība, a Latvian producer of detergents and maintenance products. He was also a partner at Prudentia, one of Latvia's largest investment banks.[3]

Together with Einars Repše, who later served as the Prime minister of Latvia from 2002 until 2004, Reirs was one of the founders of the New Era Party in 2002, which merged into the centre-right grouping Unity in 2010.[3]

Reirs became a member of the Latvian Parliament after the 2002 national elections and later served as Minister of Special Tasks in electronic administration from 2004 until 2006. From 2010 until 2014 he chaired the Budget Committee.[3]

In 2019, Reirs collaborated with his counterparts from Germany, France, Italy, Spain and the Netherlands to advocate for the establishment of a new EU supervisory authority that was intended to assume control over the regulation of money laundering activities within financial institutions, a responsibility previously held by individual member states.[4]

He is mentioned in the so-called builders' cartel criminal case, although he denies any involvement. The case was dropped in 2021.[5]

Reirs participated in the 2022 Latvian parliamentary election under the New Unity list, but did not receive enough votes to make it into the Saeima.

Other activities

European Union organizations

International organizations

Notes and References

  1. Web site: Jānis Reirs. State Chancellery of the Republic of Latvia. 25 November 2017.
  2. https://www.esm.europa.eu/content/j%C4%81nis-reirs Board of Governors: Jānis Reirs
  3. Nicholas Hirst (December 18, 2014), Jānis Reirs: Latvia’s finance minister European Voice.
  4. Francesco Guarascio (November 9, 2019), EU heavyweight states push for joint supervisor against money laundering Reuters.
  5. Web site: KNAB izbeigtajā "būvnieku karteļa" lietā bijušas aizdomas par kukuļiem Saeimas deputātiem . 2023-08-13 . www.lsm.lv . lv.
  6. http://www.eib.org/about/governance-and-structure/statutory-bodies/board_of_governors/index.htm Board of Governors
  7. http://www.ebrd.com/shareholders-and-board-of-governors.html Board of Governors
  8. http://pubdocs.worldbank.org/en/918571541108839939/MIGAGovernors.pdf Board of Governors
  9. https://www.nib.int/who_we_are/about/member_countries_governing_bodies_and_capital/board_of_governors Board of Governors
  10. http://pubdocs.worldbank.org/en/627731541108831255/BankGovernors.pdf Board of Governors