Iiro Viinanen
Encyclopedia
Iiro Viinanen is a Finnish
Finland
Finland , officially the Republic of Finland, is a Nordic country situated in the Fennoscandian region of Northern Europe. It is bordered by Sweden in the west, Norway in the north and Russia in the east, while Estonia lies to its south across the Gulf of Finland.Around 5.4 million people reside...

 politician. He was a Member of the Finnish Parliament (Eduskunta)
Parliament of Finland
The Eduskunta , is the parliament of Finland. The unicameral parliament has 200 members and meets in the Parliament House in Helsinki. The latest election to the parliament took place on April 17, 2011.- Constitution :...

 from 1983 to 1996. His political party was National Coalition Party
National Coalition Party (Finland)
The National Coalition Party is a liberal conservative political party in Finland founded in 1918.The National Coalition Party is one of the four largest parties in Finland, along with the Social Democratic Party, the Centre Party and the True Finns...

. He served as the Minister of Finance
Minister of Finance (Finland)
The Minister of Finance of Finland handles the Finance of Finland and all other matters covered by the Ministry of Finance...

 from 1991 to 1996.

During his term as a Minister, Finland went through its worst recession in history. As the Minister of Finance in Prime Minister
Prime Minister of Finland
The Prime Minister is the Head of Government of Finland. The Prime Minister is appointed by the President, who is the Head of State. The current Prime Minister is Jyrki Katainen of the National Coalition Party.-Overview:...

 Esko Aho's cabinet he led strict budget discipline. He stated that unless budget is cut, Finland can no longer borrow money from foreign countries. Reactions towards his actions caused either strong approval or strong disapproval. Some felt he saved the treasury and some felt he ruined the Finnish welfare state.

In 1996 he was elected to the CEO of insurance company Pohjola. At the end of the 1990s he was also member of the board of Nokia
Nokia
Nokia Corporation is a Finnish multinational communications corporation that is headquartered in Keilaniemi, Espoo, a city neighbouring Finland's capital Helsinki...

, Kone
KONE
Kone Oyj , founded in 1910 and headquartered in Espoo, Finland, is an international engineering and service company employing some 32,500 personnel worldwide. The firm is the fourth largest manufacturer of elevators worldwide, a leading manufacturer of escalators, and also provides maintenance...

, UPM-Kymmene, YIT
YIT
YIT Oyj is a diversified Finnish-based company, headquartered in Helsinki, which provides a range of services, mainly to other businesses...

, Finnair
Finnair
Finnair Plc is the flag carrier and largest airline of Finland, with its headquarters on the grounds of Helsinki Airport in Vantaa, Finland, and its main hub at Helsinki Airport. Finnair and its subsidiaries dominate both the domestic and international air travel markets in Finland. The largest...

, and Orion
Orion Corporation
Orion Corporation, founded in 1917 and headquartered at Espoo, Finland, is a Finnish company, which develops, manufactures and markets pharmaceuticals, active pharmaceutical ingredients and diagnostic tests for global markets...

. He served as a vice chairman of Nokia from 1996 to 2000.

He was diagnosed with Parkinson's disease
Parkinson's disease
Parkinson's disease is a degenerative disorder of the central nervous system...

in 2000, forcing him to retire.
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