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Valdis Dombrovskis

Valdis Dombrovskis is the European Commission Vice-President responsible for the Euro and Social Dialogue, also in charge of Financial Stability, Financial Services and the Capital Markets Union. Previously, he served as Prime Minister of the Republic of Latvia for three consecutive terms from 2009 to 2014, becoming the longest serving elected Head of government in Latvia’s history. Before that, Dombrovskis was elected twice as a Member of the European Parliament as part of the Europeans People’s Party (EPP) Group. He was also Head of the Latvian Delegation in the EPP Group. He served as a Member of the Saeima, the Latvian Parliament in 2004 and in 2014. He also served as Minister of Finance from 2002 to 2004. Previously, he worked as a senior economist and chief economist at the Bank of Latvia from 1998 to 2002. Dombrovskis holds a BA in physics from the University of Latvia and in economics from Riga University of Technology. He also holds an MA degree in physics in from the University of Latvia.
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Northern Ireland’s firms fear they’ll lose millions in Trump’s trade war

A system allowing firms to claim back EU tariffs imposed on U.S. imports is “not fit for purpose,” says Northern Ireland’s deputy first minister.

April 4, 2025 5:00 pm CET

How Berlin’s fiscal flip stunned Brussels and spooked its allies

The weeklong blitz on the EU’s fiscal rules generated more blowback than Germany ever expected.

March 21, 2025 4:23 am CET

EU opens fiscal tap to secure Europe but warns against ‘defense washing’

Economy Commissioner Valdis Dombrovskis stressed the flexibility is a stop-gap until countries reframe budgets around higher defense needs.

March 19, 2025 1:07 pm CET

Von der Leyen’s hold on Brussels wavers with last-minute reprieve for financial rules

The European Commission chief failed to face down her first real challenge from a member of her top team.

February 12, 2025 4:35 am CET

Trump pushes Europe into lose-lose choice between US and China

As they head to the Swiss Alps for this year’s World Economic Forum, EU leaders are anxious over Trump’s trade saber-rattling and their China-reliant economies.

January 19, 2025 4:16 am CET

EU’s challenge to Austrian far right: Make spending cuts

As coalition talks look set to return the country’s first far-right chancellor since World War II, the European Commission is warning about its finances.

January 13, 2025 6:58 pm CET

EU to Germany: Your lack of investment isn’t our fault

European economy chief says Berlin’s debt rules constrain spending more than the EU’s own restrictions.

December 18, 2024 4:06 pm CET

Can a German lead the digital euro through the European Parliament? The EPP seems to think not.

MEP Stefan Berger had become a vocal skeptic of the project.

December 12, 2024 8:28 pm CET

Treat France as strictly as us, say Dutch

Need for Paris to cut spending is “in the interest of Europe as a whole,” says Netherlands finance minister.

December 9, 2024 4:58 pm CET

Von der Leyen’s first Commission: The final verdict

Who’s at the top of the class and who flunked? Here are POLITICO’s grades for each 2019-2024 European commissioner.

November 29, 2024 4:23 am CET

EU extends tentative olive branch to Trump on trade

“We should not be opening old trade disputes, and we should be avoiding new trade disputes,” Trade Commissioner Valdis Dombrovskis says.

November 21, 2024 5:47 pm CET

Macron’s last-ditch attempt to stall the EU’s mega trade deal with South America

The French president heads to the G20 on a mission to delay and dilute the Mercosur pact.

November 14, 2024 7:36 pm CET
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Mercosur deal ‘disastrous’ for French farmers — don’t do it, Barnier says

“Under the current conditions this deal is not acceptable for France,” French PM says in Brussels.

November 13, 2024 7:07 pm CET

EU, Mercosur eye early December trade deal — to France’s dismay

Even as farmers protest, France will find it hard to stop the deal with South America.

November 13, 2024 4:02 am CET
AS IT HAPPENED

Latvia’s Valdis Dombrovskis lays out plan for boosting EU’s economy

Does the Latvian have the political chops to have his cake and eat it on the economy?

November 7, 2024 7:00 am CET

China complains to Prague about EU duties on EVs and asks for help

Beijing has made it clear that it does not accept Brussels’ decision against Chinese carmakers.

November 3, 2024 3:25 pm CET

France to EU: Don’t seal South America trade deal against our will

Signing off on the Mercosur accord would be a “political mistake” that could undermine European cohesion, trade minister Sophie Primas warns.

October 30, 2024 7:01 pm CET

The future EU commissioners’ promises: Everything you need to know

We pored over more than 400 pages of written answers so you don’t have to.

October 24, 2024 4:08 pm CET

Driving toward a trade war with China

Presented by Equinor.

October 11, 2024 4:00 am CET

Leaked documents: Which EU commissioners have the most property, money and influence

POLITICO has reviewed the declarations of interest of every European Commission nominee.

October 3, 2024 12:57 pm CET

China and EU seek to avoid trade war with talks on minimum EV prices

Negotiations on electric-vehicle duties run into overtime after failing to reach a resolution last week.

September 25, 2024 10:04 am CET

Meet the world’s toughest trade negotiator. It’s not Donald Trump.

Piyush Goyal’s showmanship and negotiating savvy have made him a weapon for India as it takes up its mantle as a global superpower. But is his aggressive approach at risk of backfiring?

September 25, 2024 4:30 am CET

The EU was built on red tape. Now it wants to slash it.

The Brussels Effect is becoming less effective.

September 23, 2024 5:07 pm CET

The EU’s new power pyramid and migration escalation

Live from Strasbourg… and Paris… and Berlin… and London, it’s EU Confidential. In this week’s episode, we catch you up on a dizzying week of news. We …

September 20, 2024 4:00 am CET
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