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Latvia

In Northeastern Europe; Latvia has land borders with its two fellow Baltic states - Estonia to the north and Lithuania to the south - and Russia and Belarus to the east. In the west, Latvia shares a maritime border with Sweden

Country Fact Sheet
Capital Riga
Surface 64,589 sq kms
Currency Lats
GDP Purchasing power parity - $41.61 billion
GDP/Capita (PPP) - $18,500
Language Latvian
Religion Mostly Christian (Lutheran, Roman Catholic, Eastearn Orthodox), Dievturi (based on the pre Christian era mythology), Jewish.
Government

parliamentary representative democratic republic

Time Zone Greenwich Mean Time +2 hours 
Telecom Code +371
Airport

Riga International Airport (RIX/EVRA), Daugavpils Airport (DGP), Liepaya Airport (LPX)

Driving On right hand side of the road, license required
Electrical 230V, 50Hz
Political Climate Stable country
Population 2245423 people
History

Baltic tribespeople settled along the Baltic Sea and, lacking a centralized government, fell prey to more powerful peoples. In the 13th century they were overcome by the Livonian Brothers of the Sword, a German order of knights whose mission was to conquer and Christianize the Baltic region. The land became part of the state of Livonia until 1561. Germans made up the ruling class of Livonia and Baltic tribes made up the peasantry. German became the official language of the region.

Poland conquered the territory in 1562 and occupied it until Sweden took over the land in 1629, ruling over it until 1721. Then the land passed to Russia. From 1721 until 1918, the Latvians remained Russian subjects, although they preserved their language, customs, and folklore.

The Russian Revolution of 1917 gave them their opportunity for freedom, and the Latvian republic was proclaimed on Nov. 18, 1918. The republic lasted little more than 20 years. Plagued by political instability, Latvia essentially became a dictatorship under President Karlis Ulmanis. It was occupied by Russian troops in 1939 and incorporated into the Soviet Union in 1940. German armies occupied the nation from 1941 to 1944. Of the 70,000 Jews living in Latvia during World War II, 95% were massacred. In 1944, Russia again took control of Latvia.

Latvia was one of the most economically well-off and industrialized parts of the Soviet Union. When a coup against Soviet president Mikhail Gorbachev failed in 1991, the Baltic nations saw an opportunity to free themselves from Soviet domination and, following the actions of Lithuania and Estonia, Latvia declared its independence on Aug. 21, 1991. European and most other nations quickly recognized their independence, and on Sept. 2, 1991, President Bush announced full diplomatic recognition for Latvia, Estonia, and Lithuania. The Soviet Union recognized Latvia's independence on Sept. 6, and UN membership followed on Sept. 17, 1991.

Because foreign rulers had quashed Latvians' ethnic identity throughout its history, the new Latvian republic set up strict citizenship laws, limiting citizenship to ethnic Latvians and to those who had lived in the region before Soviet rule in 1940. This denied about 452,000 of the country's 740,000 ethnic Russians of citizenship.

Latvia's bid to join the European Union required that it speed up naturalization of minorities, in particular its large number of Russians. In 1998, a referendum passed easing the citizenship rules, although it was still necessary to be competent in the Latvian language, which many believe is unreasonable to expect of older or poorly educated ethnic Russians. To aid in admission to NATO, Parliament in 2002 passed a law no longer requiring parliamentary candidates to speak Latvian. In June 2003, President Vike-Freiberga easily won reelection. In Dec. 2004, Aigars Kalvitis became prime minister, forming the twelfth government since Latvia's independence from Russia. The nation became a member of both the EU and NATO in 2004.

Local Business & Service Providers
Accommodation
» Reval Hotel
Automotive services
» Tiger Car Rental
Business travel
» Krantas Travel
Corporate incentives
Financial services
» http://www.maryroserestaurant.com/
Financial Technology
» FT Partners
Intellectual Property
» Deloitte
Legal and fiduciary
» O.Cers & J.Jurkans
Lifestyle
» Essential Club
Technology
Local Radio
» 107.7 Latvijas Radio 4
» 88.6 Gold FM
» 90.7 Latvijas Radio 1
» 91.5 Latvijas Radio 2
Local Weather Forecast
» BBC Weather
» Reuters
Government Agencies
» Bank of Latvia
» Central Statistical Bureau
» Insurance Supervision Inspectorate
» Latvia Investment and Development Agency
» Latvian National Accreditation Office
» Latvian Privatization Agency
» Ministry of Economy
» Ministry of Finance
» Registry of Enterprises
» Securities Market Commission
» Tourism Office
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