On Monday coalition parties agreed in principle to retain Dombrovskis as Latvia's voice on the Commission and confirmed their faith in him Tuesday when ministers approved a document declaring "Valdis Dombrovskis, former Prime Minister of the Republic of Latvia and current Vice-President of the European Commission, is nominated to the position of EC Member."
His current term in office is set to end on October 31 this year. Commissioners are appointed for five years. For the last five years he has been Commissioner for the Euro and Social Dialogue, and also took over the brief for Financial Stability, Financial Services and Capital Markets Union in 2016 after a British commissioner resigned in the wake of the Brexit vote.
Former prime minister Dombrovskis took to social media to say he would do his utmost to live up to the trust placed in him.
I'm honoured to be nominated to serve as Latvia’s 🇱🇻 Commissioner for the EU's 🇪🇺 next legislative term. I will do my outmost to live up to the trust that the government of Latvia and Latvian voters have shown in me. I will work in the interest of a stronger Europe. pic.twitter.com/IbMeY810cx— Valdis Dombrovskis (@VDombrovskis) June 11, 2019