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After graduation from secondary school 1993 in Rapla Veskimägi continued his studies in Tallinn University of Technology, but switched in 1994 to Pedagogical University of Tallinn. He graduated in 1998 as a BA in public administration.
Since 1994, he has been a member of the Res Publica Party. At first it was a socio-political organisation, becoming a political party only on 8 December 2001. From 2001 to 2002 he served as a Treasurer of the party and was elected a Chairman in 2005 after the resignation of the former Chairman and Prime Minister of Estonia, Juhan Parts.
As the Chairman of the Res Publica he faced the difficult task to restore the reputation of his party that was lost during the last 2 years in government or to lead the party into merger with another right-wing party. Local elections on 16 October 2005 showed a declining support for Res Publica. The party lost 13 of its 17 seats in Tallinn City Council and was forced into opposition in the capital. In April 2006 plans were unveiled for merging Res Publica with Pro Patria Union. The annual congresses voted in favour of the merger on 4 June 2006. The new party was named Union of Pro Patria and Res Publica and was led by two chairmen – Tõnis Lukas and Taavi Veskimägi. At the congress that took place on 26 May 2007 Mart Laar was elected a new chairman of the party and Taavi Veskimägi continued to serve in capacity of a member of the party board.
From 2003 until 2005 Taavi Veskimägi was the Minister of Finance of the Republic of Estonia. In 2003 Taavi Veskimägi became a member of the Estonian Parliament and leader of the Res Publica parliamentary group before he was appointed Estonian Minister of Finance. He held the position of Vice President of the Parliament from 2005 to 2006 and worked both in the parliamentary financial committee and parliamentary committee of European Union affairs. Until 2007 he was the co-chairman of the Pro Patria and Res Publica Union, the main centre-right political party in Estonia.
Taavi Veskimägi is CEO of Estonian electricity transmission operator Elering. He is also member of the Board of Estonian Defense Industry Union.
- Van Elsuwege, Peter (August 2008). From Soviet republics to EU member states: a legal and political assessment of the Baltic states' accession to the EU. Brill. p. 327. ISBN 978-90-04-16945-6. Retrieved 18 March 2011.
|Minister of Finance