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Latvia And The Euro
Latvia replaced its previous currency, the lats, with the euro on 1 January 2014, after a European Union (EU) assessment in June 2013 asserted that the country had met all convergence criteria necessary for euro adoption. The adoption process began 1 May 2004, when Latvia joined the European Union, entering the EU's Economic and Monetary Union. At the start of 2005, the lats was pegged to the euro at Ls 0.702804 = €1, and Latvia joined the European Exchange Rate Mechanism (ERM ll), four months later on 2 May 2005. History Latvia's Treaty of Accession to the European Union (EU) obliged it to eventually adopt the euro. Latvia had originally planned to adopt the euro on 1 January 2008, but for various reasons this was subsequently delayed several times. After being elected in 2011, Latvian President Andris Bērziņš announced the official goal was for Latvia to join the eurozone in 2014, saying "personally I'm very optimistic we'll join the euro on 1 January 2014. It's our ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Latvia
Latvia ( or ; lv, Latvija ; ltg, Latveja; liv, Leţmō), officially the Republic of Latvia ( lv, Latvijas Republika, links=no, ltg, Latvejas Republika, links=no, liv, Leţmō Vabāmō, links=no), is a country in the Baltic region of Northern Europe. It is one of the Baltic states; and is bordered by Estonia to the north, Lithuania to the south, Russia to the east, Belarus to the southeast, and shares a maritime border with Sweden to the west. Latvia covers an area of , with a population of 1.9 million. The country has a temperate seasonal climate. Its capital and largest city is Riga. Latvians belong to the ethno-linguistic group of the Balts; and speak Latvian, one of the only two surviving Baltic languages. Russians are the most prominent minority in the country, at almost a quarter of the population. After centuries of Teutonic, Swedish, Polish-Lithuanian and Russian rule, which was mainly executed by the local Baltic German aristocracy, the independent R ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bloomberg L
Bloomberg may refer to: People * Daniel J. Bloomberg (1905–1984), audio engineer * Georgina Bloomberg (born 1983), professional equestrian * Michael Bloomberg (born 1942), American businessman and founder of Bloomberg L.P.; politician and mayor of New York City (2002–2013) * Ramon Bloomberg (born 1972), American artist and film director Other uses * Bloomberg L.P., financial news and media company founded by Michael Bloomberg ** Bloomberg News, a news agency ** ''Bloomberg Businessweek'', weekly business magazine and website ** ''Bloomberg Markets,'' a monthly financial magazine ** Bloomberg Radio, a business radio network ** Bloomberg Television, a business news channel ***Bloomberg TV Canada ***Bloomberg TV Philippines ***Bloomberg TV Malaysia ** Bloomberg Terminal, desktop terminal and software widely used in the financial industry ** Bloomberg Data, API product using sftp or web service protocols to retrieve market data ** Bloomberg Government, online news service c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Latvian Maiden
5 lats coin was a Latvian lat coin minted in 1929, 1931 and 1932. It became a popular symbol of independence during the Soviet occupation. It was reproduced in several modern commemorative coins of Latvia and is used on the national sides of the Latvian 1 and 2 euro coins. The reverse design was featured on the Ls 500 banknote and in watermarks of all lats banknotes. History In February 1929, the Latvian Ministry of Finance decided to issue a 𝓛𝓈 5 circulation coin depicting the head of a maiden, which would symbolize the Republic of Latvia and freedom. The coin was designed by Rihards Zariņš. The image of the maiden on the coin is colloquially known as Milda (a Latvian female name). The model was Zelma Brauere (1900-1977), a proofreader of the State Securities Printing House. She served as a model for other works of the artist, including the 𝓛𝓈 10 and 𝓛𝓈 20 banknotes and the 50s coin. In 1939, the Latvian government prepared to mint new 𝓛𝓈 5 coins ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Bank Of Latvia
The Bank of Latvia ( lv, Latvijas Banka,) is the central bank of Latvia. It is among the nation's key public institutions and carries out economic functions as prescribed by law. It was established in 1922. The principal objective of the Bank of Latvia is to regulate currency in circulation by implementing monetary policy to maintain price stability in Latvia. Until 31 December 2013, the bank was responsible for issuing the former Latvian currency, the lats. The Bank of Latvia administration is located in Riga. The fiscal year for the bank begins on 1 January and ends on 31 December. History On 7 September 1922, the Constitutional Assembly adopted the Law on the Establishment of the Bank of Latvia. The Bank of Latvia was granted emission rights. The Bank's interim statutes were approved on 19 September 1922, with the decision of the Cabinet of Ministers, and its initial capital was 10 million lats. On 24 April 1923, Saeima approved the Statute of the Bank of Latvia, signed ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Advertising On A Riga Tram Using The Word ‘eiro’ For The Euro
Advertising is the practice and techniques employed to bring attention to a product or service. Advertising aims to put a product or service in the spotlight in hopes of drawing it attention from consumers. It is typically used to promote a specific good or service, but there are wide range of uses, the most common being the commercial advertisement. Commercial advertisements often seek to generate increased consumption of their products or services through "branding", which associates a product name or image with certain qualities in the minds of consumers. On the other hand, ads that intend to elicit an immediate sale are known as direct-response advertising. Non-commercial entities that advertise more than consumer products or services include political parties, interest groups, religious organizations and governmental agencies. Non-profit organizations may use free modes of persuasion, such as a public service announcement. Advertising may also help to reassure employees ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Automated Teller Machine
An automated teller machine (ATM) or cash machine (in British English) is an electronic telecommunications device that enables customers of financial institutions to perform financial transactions, such as cash withdrawals, deposits, funds transfers, balance inquiries or account information inquiries, at any time and without the need for direct interaction with bank staff. ATMs are known by a variety of names, including automatic teller machine (ATM) in the United States (sometimes redundantly as "ATM machine"). In Canada, the term ''automated banking machine'' (ABM) is also used, although ATM is also very commonly used in Canada, with many Canadian organizations using ATM over ABM. In British English, the terms ''cashpoint'', ''cash machine'' and ''hole in the wall'' are most widely used. Other terms include ''any time money'', ''cashline'', ''tyme machine'', ''cash dispenser'', ''cash corner'', ''bankomat'', or ''bancomat''. ATMs that are not operated by a financial i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Union Of Greens And Farmers
The Union of Greens and Farmers ( lv, Zaļo un Zemnieku savienība, ZZS) is an agrarian political alliance in Latvia. It is made up of the Latvian Farmers' Union, Latvian Social Democratic Workers' Party, and For Latvia and Ventspils. It is positioned in the centre or centre-right on the political spectrum. It is orientated towards conservative, Eurosceptic, and green policies, and can be considered a centrist Nordic agrarian alliance, with nationalist and anti-liberal elements. While the alliance's formal leader is Edgars Tavars, its leading figure and chief financial supporter is the oligarch Aivars Lembergs. The ZZS has had the world's first prime minister, Indulis Emsis (Prime Minister of Latvia in 2004), and first head of state, Raimonds Vējonis (President of Latvia 2015–19), to be affiliated with a green party. History The alliance was established to contest the 2002 parliamentary election by the Latvian Green Party (LZP) and Latvian Farmers' Union (LZS). It ran on a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Harmony Center
;russian: Достойная жизнь для каждого) , website saskanascentrs.lv Harmony Centre ( lv, Saskaņas Centrs, SC; russian: Центр Cогласия, ЦC) was a social-democratic political alliance in Latvia. It originally consisted of five political parties: the National Harmony Party, the Socialist Party of Latvia, New Centre, the Daugavpils City Party, and the Social Democratic Party. Through a series of mergers they were eventually reduced to two: Social Democratic Party "Harmony" and the Socialist Party. Ideologically a catch-all grouping of centre-left and left-wing parties, the alliance also aimed to represent the interests of Russians in Latvia. History Founded on 9 July 2005, Harmony Centre emerged from For Human Rights in a United Latvia, an electoral alliance formed by the National Harmony Party, the Socialist Party and Equal Rights, that partially dissolved in 2003. Equal Rights represented the interests of the Russian minority and the Russ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Euro Convergence Criteria
The euro convergence criteria (also known as the Maastricht criteria) are the criteria which European Union member states are required to meet to enter the third stage of the Economic and Monetary Union (EMU) and adopt the euro as their currency. The four main criteria, which actually comprise five criteria as the "fiscal criterion" consists of both a "debt criterion" and a "deficit criterion", are based on Article 140 (ex article 121.1) of the Treaty on the Functioning of the European Union. Full EMU membership is only open to EU member states. However, the European microstates of Andorra, Monaco, San Marino and the Vatican City, which are not members of the EU, have signed monetary agreements with the EU which allow them officially to adopt the euro and issue their own variant of euro coins. These states had all previously used one of the eurozone currencies replaced by the euro, or a currency pegged to one of them. These states are not members of the eurozone and do not ge ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
2003 Latvian European Union Membership Referendum
A referendum on European Union membership was held in Latvia on 20 September 2003.Dieter Nohlen & Philip Stöver (2010) ''Elections in Europe: A data handbook'', p1122 Latvia was the last of the states which would join the EU in 2004 to hold a referendum on the issue. Just over two-thirds of voters voted Yes and Latvia joined the EU on 1 May 2004. Background Latvia was invited to begin negotiations to join the EU in 1999 and was formally invited to join at a summit in Copenhagen in December 2002. On 27 December 2002 the Latvian government decided to hold a referendum on 20 September 2003 on joining the EU. In May 2003 the Parliament of Latvia amended the Constitution of Latvia to allow referendums on international matters. Campaigning began on 5 May 2003. Referendum question The question voted on in the referendum was: ''Do you support the membership of Latvia in the European Union?'' Campaign Latvia was seen as being one of the more skeptical countries on joining the Europea ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Saeima
The Saeima () is the parliament of the Latvia, Republic of Latvia. It is a unicameral parliament consisting of 100 members who are elected by proportional representation, with seats allocated to political parties which gain at least 5% of the popular vote. Elections are scheduled to be held once every four years, normally on the first Saturday of October. The most recent elections were held in 2022 Latvian parliamentary election, October 2022. The President of Latvia can dismiss the Saeima and request early elections. The Parliamentary dissolution power of Latvian President, procedure for dismissing it involves substantial political risk to the president, including a risk of loss of office. On 28 May 2011 president Valdis Zatlers decided to initiate the dissolution of the Saeima, which was approved in a 2011 Latvian parliamentary dissolution referendum, referendum, and the Saeima was dissolved on 23 July 2011. The current Speaker of the Saeima is Edvards Smiltēns of the United ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
