Daniel Dăianu

Daniel Dăianu (born 30 August 1952) is a Romanian economist, professor, and politician.

Romanian politician and economist
Daniel Dăianu
Minister of Finance
In office
5 December 1997  23 September 1998
Prime Minister Victor Ciorbea
Radu Vasile
Preceded by Mircea Ciumara
Succeeded by Decebal Traian Remeș
Member of the European Parliament
for Romania
In office
10 December 2007  13 July 2009
Personal details
Born (1952-08-30) 30 August 1952 (age 69)
Bucharest, Romania
Political party National Liberal Party (PNL)
Alma mater Academy of Economic Studies (ASE)
Occupation Economist, professor

. . . Daniel Dăianu . . .

He was born in Bucharest, Romania in a family of high-ranking Securitate officers.[1] Up to 9th grade he studied at High School nr. 35, after which he switched to Ion Luca Caragiale High School [ro], where he attended a special math class[2] from 1968 to 1971. In 1975, he obtained a Master of Economics from the Academy of Economic Studies (ASE) in Bucharest and, in 1988, a Ph.D. in Economics from the same institution. He held a post-doctoral research position at Harvard University‘s Russian Research Center, from 1990 to 1991 and attended Harvard Business School‘s six-week Advanced Management Program in 1994.

During Nicolae Ceaușescu‘s communist regime, Dăianu worked for the Securitate’s Foreign Intelligence Unit (DIE),[3] between 1976 and September 1978. He left DIE in 1978, of his own volition and he became known, in the following decade, for his writings against Ceaușescu’s economic policy, which were highlighted on Radio Free Europe (RFE) at the time. Between 1979 and 1990, he was a researcher at the Economic Socialist Institute. In September 2007, the National Council for Analyzing the State Security Department Files (CNSAS) decided that Dăianu had worked for the External Intelligence Unit solely on economic issues.[4]

Dăianu with Dacian Cioloș and Petre Roman in 2019

Between 1992 and 1997, Dăianu was the Chief Economist of the National Bank of Romania. He was the Finance Minister of Romania between December 5, 1997 and September 23, 1998, in the governments of Victor Ciorbea and Radu Vasile. He was dismissed because he refused to endorse a controversial deal with Bell Helicopter Textron to purchase 96 AH-1RO Dracula attack helicopters (a variant of AH-1 Cobra), in order to help modernize the armed forces. Dăianu considered that terms of the contract were disadvantageous for the Romanian industry and that the deal was too costly for the Romanian budget at that time.

In August 2005, he became President of the Supervision Board of Banca Comercială Română, a position previously held by Sebastian Vlădescu and Florin Georgescu [ro], among others. He resigned this post in December 2007, in order to avoid any conflict of interest with his duties as a member of the European Parliament. During 2012–13 he was a member of the Board of CEC Bank. Dăianu was also the President of the European Association for Comparative Economic Studies (EACES), between 2002 and 2004.

He was a member of the European Parliament between 2007 and 2009, when he represented the National Liberal Party (PNL). He was co-rapporteur of the report “Lamfalussy follow-up: Future Structure of Supervision”, for the European Parliament. On May 22, 2008, Dăianu, together with three former Presidents of the European Commission, nine former Prime Ministers of EU member states, and six former Finance/Economy Ministers, co-signed an article with title “Financial Markets Cannot Govern Us” in “Le Monde“, in which they anticipated the extent of the economic crisis and talked about its causes. In October 2008, Dăianu took position against European banks that receive state aids to get out of the crisis, yet damage emerging European economies through speculation against national currencies.[5]

During the presidential elections of 2009, he was touted as one of possible prime ministers. In 2010, Dăianu was invited to be a fellow of the Warsaw-based Center for Social and Economic Research (CASE). In June 2014 he was elected a member of the Board of the National Bank of Romania. Between April 2013 and June 2014, he was first deputy president of the Romanian Financial Supervision Authority. He is a member of the High Level Group on Own Resources of the European Union, which is headed by Mario Monti. Dăianu is also a member of the European Council for Foreign Relations, since 2012.

. . . Daniel Dăianu . . .

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. . . Daniel Dăianu . . .

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