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- Independence declared: November 18, 1918BBC News: Country Profile: Latvia
- Capital: Riga, founded in 1201Europa: Latvia Facts
- Government: RepublicEuropa: Latvia Facts
- Major political parties: People's Party and the Union of Greens and Farmers
- Population: 2.3 millionEuropa: Latvia Facts
- Currency: LatsEuropa: Latvia Facts
- Official Language: LatvianEuropa: Latvia Facts
- 59% of the population is LatvianEuropa: Latvia Facts
- 29% of the population is RussianEuropa: Latvia Facts
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Latvia is a country in Northern Europe that borders Estonia and Lithuania. The capital of Lativa is Riga. The country regained it's independence from the Soviet Union in 1991.BBC News: Country Profile: Latvia
On January 20, 2009, Prime Minister Ivars Godmanis and his administration resigned from control of the government, citing an untenable position. As the 2008 Financial Crisis spread throughout the globe, Latvia was forced to get a $9.5 billion loan from the International Monetary Fund in December. The country's economy is expected to shrink by 12 percent in 2009, while unemployment soars an additional 50 percent.BBC News: Latvian PM quits as crisis bites (February 20, 2009)
Financial Crisis
Latvia experienced financial growth as late as 2006. However, the global economic crisis effected the small country, causing it to become the second European government to fall, following the collapse of Iceland. The gross domestic product (GDP) for the country fell 12 percent in the last quarter of 2008, and government officials speculate it could fall an additional 10 percent in 2009.BBC News: Latvian PM quits as crisis bites (February 20, 2009)Background
The country has been populated since 9000 BC. Christian missionaries came in 1180. After World War I, Latvia was devastated and demands for self determination grew. On November 18, 1918 full independence was claimed.BBC News: Country Profile: Latvia-
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Latvia Questions
Where is the largest concentration of Latvian speakers outside of Latvia? 6 AnswersProbably Ireland. About 150,000 people are estimated to speak Latvian outside of Latvia. There are about 35,000 Latvian immigrants in Ireland. Britain seems to... read more
Is it worth traveling to new EU countries like Lithuania, Latvia or Estonia? 6 AnswersThe NY Times' travel guides for each of these cities give a great taste of what you can find. Lithuania: http://travel.nytimes.com/travel/guides/europe/lithu... read more
Some gallows humor - What's the difference between Latvia and California? 1 AnswerWell for a start Latvia's a country but California's only a state! But apart from that California is way bigger in every respect. This question is a little like... read more -
Latvia Fun and Interesting Things
- Goandroam.com: Riga Webcams | Sigulda Webcam
- Google Video: Sounds Like Latvia (Time: 6:30)
- YouTube: TIO parkour commercial from Latvia (Time: 0:29)
- Google Video: Latvian Commercial for Montafit Water (Time: 0:46)
- LatviaPhotos.com: Latvian Photos and Gifts
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