On Friday, March 27, Finance Minister Janis Reirs met French Finance Minister Michel Sapin. Both ministers talked about such topics as growth promotion measures in Europe, fight against the tax optimization and financing of terrorism, as well as the situation in the euro area and negotiations with Greece.
The European Investment Bank (EIB) is establishing a new EUR 200 million loan facility for Latvia to support investments in energy, sustainable transport infrastructure and other fields including for the first time also in rural development. The loan agreement, signed today, March 17, by EIB Vice-President Pim van Ballekom and Minister of Finance of Latvia Janis Reirs, will help Latvia to successfully absorb EU structural funds over the period 2014–2020.
Brussels, March 10, 2015. – On Tuesday, March 10, already the third meeting of the Economic and Financial Affairs Council (ECOFIN) was held under the Latvian Presidency and chaired by Finance Minister Janis Reirs. During the meeting, an overall agreement was achieved on the proposed regulation on the European Fund for Strategic Investment (EFSI) or EFSI regulation.
Brussels, March 9, 2015. – On Monday, March 9, Finance Minister Janis Reirs with a speech opened the first European Financial Week. The aim of the event is to promote wholesome financial education in schools across Europe.
London, February 19, 2015. – On Thursday, February 19, in London Finance Minister Janis Reirs opened a conference “Growth and long term financing of the European economy” about the necessity to restore sustainable growth and profitability of European businesses. In his speech, the Minister emphasized the most important pre-conditions for EU economic growth and the most significant activities to be carried out in this respect by the Latvian Presidency of the Council of the EU.
On 17 February, Latvian Finance Minister Jānis Reirs chaired the Meeting of the Economic and Financial Affairs Council where Ministers debated the proposal of establishing European fund for strategic investments, growth prospects and adopted EU budget guidelines for 2016.
Brussels, February 16, 2015 – On Monday, February 16, Finance Minister Janis Reirs led the macro-economic dialogue at political level in Brussels. At the meeting, the Minister noted that the year 2015 was the first year after the crisis when economic growth was forecasted in all European Union (EU) Member States. However, there are still risks that must be eliminated to speed up the growth.
Brussels, February 4, 2015 – On Wednesday, February 4, in Brussels, Finance Minister Janis Reirs addressed participants of “Conference under Article 13 of the Treaty on Stability, Coordination and Governance in the Economic and Monetary Union”. The Minister indicated that readiness of European Union (EU) Member States for structural reforms together with other aid tools would form basis for sustainable EU growth.
Riga, February 5, 2015. – On Thursday, February 5, in the University of Latvia an international conference “Challenges for the New Cohesion Policy in 2014-2020: An Academic and Policy Debate” was open. In the next seven years European Union (EU) Member States will hold a great responsibility for the successful contribution of the Cohesion Policy to the economic growth.
Within the framework of Latvian Presidency, on February 4-6, an international conference “Challenges for the New Cohesion Policy in 2014-2020: An Academic and Policy Debate” will take place. Participants of the conference will discuss how the Cohesion Policy facilitates the growth of Europe and employment. This issue is also closely related to the priority of Latvian Presidency – Competitive Europe.
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