Koivisto, Mauno Henrik

Koivisto, Mauno Henrik

(mou`nō hĕn`rĭk koi`vēstō), 1923–2017, Finnish politician. He was director of the Helsinki Workers' Savings Bank (1959–68) and then governor of the Bank of Finland (1968–82). As a Social Democrat he served as minister of finance (1966–67, 1972). He was prime minister (1968–70, 1979–80) in center–left coalition governments. In 1981 he became interim president, taking over from the incapacitated Urho KekkonenKekkonen, Urho Kaleva
, 1900–1986, president of Finland (1956–81). The leading spokesman of the Center party (known as the Agrarian party until 1965), he held various cabinet posts from 1936 and was prime minister from 1950 to 1956.
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. He was elected president in 1982, resigning all party posts, and was reelected in 1988. He continued Kekkonen's foreign policy of neutrality and closeness with the USSR (and then Russia) but at the same led Finland out of international isolation and into the European Union. He also reduced the powers of the presidency and strengthened those of the parliament.
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