Latvia

The Georgian-Latvian Business Forum was held in Tbilisi on November 27, 2014, and provided a unique opportunity for businesses to explore new avenues for growth and expansion. This event was…

A while ago, I compared the GDP of Baltic nations with Caucasian nations using data from 2012. As we are now in the second half of 2014, it's time to revisit this comparison using the most recent…

It has been six months since I last analyzed the minimum wages in the former Soviet Union. Although it is not a major factor in economic growth, the minimum wage is still a relevant indicator in…

Laidi manor or palace (Laidu muiža - pils in Latvian) is a very cool tourism sight in Laidi parish, Kuldīga municipality, in the historical region of Courland (Kurzeme) Built in the early 19th…

Latvia is set to become the latest member of the Eurozone when it joins on January 1st, 2014. This will make the 17-nation currency bloc one country bigger, following the lead of two other former…

Latvia, a small republic located in north-eastern Europe, has been the subject of a new documentary made by Deutsche Welle. The documentary crew visited Latvia more than a decade ago and has now…

The former Soviet Union was a vast region that encompassed a number of countries with distinct cultures, economies, and political systems. In 2013, the region was still recovering from the economic…

Minimum wages in the Baltic states are the lowest ones in the European Union. In 2013 minimum wage in Baltic states was $427 in Estonia, $379 in Latvia and $385 in Lithuania. Update: Minimum Wage…

t is fascinating to compare the economic growth of the Baltic states and Caucasus regions and make predictions on their future growth. The competition between these two regions to achieve a GDP of…

The Baltic states and Caucasus region both have unique economic landscapes that make for an interesting comparison. Let's start by looking at the GDP in each of the six countries in 2012. Azerbaijan…