Age, Biography and Wiki

Olli Rehn was born on 31 March, 1962 in Mikkeli, Finland, is a Finnish politician. Discover Olli Rehn's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is He in this year and how He spends money? Also learn how He earned most of networth at the age of 62 years old?

Popular As N/A
Occupation N/A
Age 62 years old
Zodiac Sign Aries
Born 31 March 1962
Birthday 31 March
Birthplace Mikkeli, Finland
Nationality Finland

We recommend you to check the complete list of Famous People born on 31 March. He is a member of famous Politician with the age 62 years old group.

Olli Rehn Height, Weight & Measurements

At 62 years old, Olli Rehn height not available right now. We will update Olli Rehn's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.

Physical Status
Height Not Available
Weight Not Available
Body Measurements Not Available
Eye Color Not Available
Hair Color Not Available

Who Is Olli Rehn's Wife?

His wife is Merja Rehn (m. 1995)

Family
Parents Not Available
Wife Merja Rehn (m. 1995)
Sibling Not Available
Children Silva Rehn

Olli Rehn Net Worth

His net worth has been growing significantly in 2022-2023. So, how much is Olli Rehn worth at the age of 62 years old? Olli Rehn’s income source is mostly from being a successful Politician. He is from Finland. We have estimated Olli Rehn's net worth , money, salary, income, and assets.

Net Worth in 2023 $1 Million - $5 Million
Salary in 2023 Under Review
Net Worth in 2022 Pending
Salary in 2022 Under Review
House Not Available
Cars Not Available
Source of Income Politician

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Timeline

2019

Rehn favours Turkish membership but has controversially suggested permanent restrictions on the free movement of workers from Turkey, "in case serious disturbances occur in the labour market within the EU as a result of Turkey’s accession", an attitude seen by some as running counter to the whole purpose and spirit of the EU. He has stressed the importance of greater respect for human rights and civil liberties as preconditions for Turkey's entry, while acknowledging the advances it had already made in this respect.

Following the resignation of Christine Lagarde as managing director of the International Monetary Fund (IMF) in 2019, Rehn was one of the candidates considered by European governments as potential successor; he withdrew his candidacy shortly after and the post went to Kristalina Georgieva instead.

2016

On 14 October 2016, Rehn was selected to the Board of the Bank of Finland. In this capacity, he is in charge of monetary policy implementation and investment of the Bank of Finland's financial assets. He is also responsible for the Bank's digitalisation process and for the activities of the Financial Supervisory Authority, where he is Chairman of the Board. He continued as a Minister and MP till the end of 2016.

2015

In 2015, Rehn was elected in the Finnish parliamentary election with 6,837 votes. His term in the European Parliament ended on 27 April, when Rehn officially accepted the seat in the Finnish Parliament. On 29 May 2015, Rehn was appointed the Minister of Economic Affairs in Sipilä Cabinet. During his time in office, he oversaw the country's emergence from a three-year recession thanks to a combination of tax and spending cuts. He also played a key role in persuading labor unions to agree to pay cuts to restore competitiveness.

2014

Siim Kallas was twice Acting Commissioner in his stead, from 19 April 2014 – 25 May 2014 while he was on electoral campaign leave for the 2014 elections to the European Parliament and from 1 July 2014 – 16 July 2014 after he took up his seat.

Rehn was a candidate in the 2014 European election and was elected MEP. In the European Parliament he was elected to be one of the parliament's 14 vice presidents.

2013

Rehn has continued to maintain that the only way out of the crisis is a continued programme of fiscal austerity. Economist Paul Krugman has been critical of this stance, saying in early 2013 that Olli Rehn, and the economic management of the European Commission, had been proven disastrously wrong in their predictions and management since the beginning of the crisis. He noted, "European leaders seem determined to learn nothing, which makes this more than a tragedy; it’s an outrage." Krugman maintains that Rehn's focus on fiscal discipline is in fact an excuse to dismantle the social safety net and reduce the size of government, as he has criticized countries, such as France which have tried to achieve fiscal discipline through tax increases.

In mid-2013, Rehn claimed that the European Commission was following a pragmatic policy balancing austerity policies with pro-growth policies and that much of the criticism was unfair.

2012

In May 2012, coincident with warnings from Mario Draghi of the ECB, Rehn said that even if Eurobonds "were ever approved, it would still not be sufficient to save the euro. The single currency’s members needed 'a genuine stability culture and a much upgraded common capacity to contain common contagion', if they wanted to avoid a disintegration of the eurozone and if they wanted it to survive".

2011

In late June 2011, Rehn spoke out on austerity measures being considered by the Greek parliament, saying, "The only way to avoid immediate default is for parliament to endorse the revised economic program...The program includes both the medium-term fiscal strategy and the privatization program. They must be approved if the next tranche of financial assistance [a 12 billion euro aid payment] is to be released...To those who speculate about other options, let me say this clearly: there is no Plan B to avoid default".

2004

Rehn served briefly on the Prodi Commission. He was appointed European Commissioner for Enterprise and Information Society on 12 July 2004, taking over the role from the previous Finnish Commissioner Erkki Liikanen, who left his post the same day to become Governor of the Bank of Finland. The Finnish government nominated Rehn for the incoming Barroso Commission, which took office on 22 November 2004. He was the youngest member of the first Barroso Commission.

Rehn's appointment to the enlargement post was seen as a slight disappointment for Finland, who had hoped for their nominee to be given a portfolio relating to economic issues. Enlargement was a central issue for the EU in the run-up to the landmark accession of ten countries on 1 May 2004, but has since declined in importance, if only slightly. Rehn presided over the accession of Bulgaria and Romania in 2007, as well as continuing negotiations with Croatia and opening them with Turkey, the latter being perhaps the most significant and the most hotly debated future accession.

1996

He was briefly the chairman of Veikkausliiga from 1996 to 1997. From 1998 to 2002 Rehn ran the office of Erkki Liikanen, Finland's representative on the Prodi Commission. Rehn would later succeed Liikanen in the role of Commissioner for Enterprise and Information Society. In 2002, he left European politics for the University of Helsinki, where he led the Centre for European Studies. In 2003, he became an adviser to the Prime Minister on economic policy, a position he held until his appointment to the European Commission the following year.

1990

After launching his political career Rehn did not give up football but has played for the teams of both the Finnish parliament and the European Commission. With the Finnish parliament team, he twice helped to win the European championship of parliaments in the early 1990s.

1989

Born in Mikkeli in Eastern Finland, Rehn studied economics, international relations, and journalism at Macalester College in Saint Paul, Minnesota, in the United States. He gained a master's degree in political science from the University of Helsinki in 1989, and a D.Phil. from St. Antony's College, Oxford in 1996 on the subject of "Corporatism and Industrial Competitiveness in Small European States". In addition to his native Finnish and German he speaks English, French, Swedish, and some Russian, Polish and Hungarian.

1988

In 1988 Rehn was elected as a city councillor in Helsinki. He was vice president of the Centre Party from 1988 to 1994, having been president of its youth wing from 1987. Elected to the Finnish Parliament in 1991, Rehn led the Finnish delegation to the Parliamentary Assembly of the Council of Europe, and was a special adviser to the Finnish Prime Minister Esko Aho from 1992 to 1993. He left the Finnish Parliament in 1995 to become an MEP, aligned to the liberal group. He was, however, not re-elected in the 1996 election.

1987

He began his political career already in youth politics as a regular member of the Finnish Centre Youth and soon became the Secretary General of the Nordic Centre Youth. In 1987, he was elected as the president of the Finnish Centre Youth. That position can be seen as predicting high political responsibilities in Finnish politics.

1962

Olli Ilmari Rehn ( listen  (help ·info ) ; born 31 March 1962) is a Finnish politician serving as Governor of the Bank of Finland since 2018. A member of the Centre Party, he served as Minister of Economic Affairs in Juha Sipilä's cabinet from 2015 until 2016, the European Commissioner for Enlargement from 2004 to 2010 and European Commissioner for Economic and Monetary Affairs and the Euro from 2010 to 2014.