Latvia in the Eurovision Choir of the Year going to develop a new show to join the existing Eurovision Family of Events. The event was officially confirmed on 30 November 2016, with Latvia chosen to host the inaugural event scheduled to take place on 22 July 2017. On 14 February 2017, it was confirmed that the inaugural contest would take place at the Arena Riga, located in the Latvian capital. The arena is primarily used for ice hockey, basketball and concerts. Riga Arena holds a maximum of 14,500 and was completed in 2006. It was built to be used as one of the venues for the 2006 IIHF
Economy of Latvia Economy of Latvia The economy of Latvia is an open economy in Northern Europe and is part of the European Union's (EU) single market. Latvia is a member of the World Trade Organization (WTO) since 1999, a member of the European Union since 2004, a member of the Eurozone since 2014 and a member of the OECD since 2016. Latvia is ranked the 14th in the world by the Ease of Doing Business Index prepared by the World Bank Group, According to the Human Development Report 2011, Latvia belongs to the group of very high human development countries. Due to