Latvia is a unique blend of Baltic and Slavic cultures. Riga, the 805-year-old capital, is full of distinctive modern and historic architecture. Situated at a trading crossroads, Latvia has long served as a bridge between Western Europe and Russia. School is the center of teenage social life in Latvia, and you and your friends will participate in activities such as swimming, dancing, basketball, music, crafts, or drama.
The Baltic state of Latvia, officially known as the Republic of Latvia, is situated in Northern Europe. The country shares its land borders with Estonia in the north and Belarus in the east. Sweden is separated from the country through a maritime border in the west. The country is a member of the European Union and the World Trade Organization.
Forests cover substantial parts of the country. It is interesting to note that the country has nearly 12000 rivers and more than 3000 lakes. Post 2000, the country has witnessed a handsome GDP growth. Unemployment rate in the country has dropped after remaining static for two years.
This shows the efforts on part of the government to improve the overall economic scenario in the country. However, this economic development has come with a downside. The fast growing economy of the country is increasingly being regarded as a possible economic bubble.The government of the country is planning to adopt the euro as the country’s currency after replacing its own currency Lats, from January 1, 2008.