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
Bank of Latvia the national central bank from the government policy was ensured through legislation. The Law "On the Bank of Latvia" did not envisage its commercial activities, therefore, a decision was taken on the restructuring and privatization of 49 Bank of Latvia branches. Like most central banks of the world, the main goal of the Bank of Latvia is to provide inflation at a certain level. After joining the European Union (EU), until its membership in the Economic and Monetary Union (EMU), the Bank of Latvia was able to pursue its monetary policy, provided that it is in line with the common