Latvia a liberal economy and its re-orientation toward Western Europe, Latvia is one of the fastest growing economies in the European Union. In 2014, Riga was the European Capital of Culture, the euro was introduced as the currency of the country and a Latvian was named vice-president of the European Commission. In 2015 Latvia held the presidency of Council of the European Union. Big European events have been celebrated in Riga such as the Eurovision Song Contest 2003 and the European Film Awards 2014. On 1 July 2016, Latvia became a member of the OECD. Latvia lies in Northern Europe, on
Public Broadcasting of Latvia other internet resources in Latvia, they both became sub-domains under lsm.lv. Public Broadcasting of Latvia Public Broadcasting of Latvia ( – LSM) is a publicly funded radio and television organization operated by both of Latvia's public broadcasters – Latvian Television and Radio Latvia. LSM provides news, analysis, culture, entertainment and new experimental content, produced mainly by Latvian Television and Radio Latvia, and by the portal’s editorial personnel. The site was launched on 3 February 2013. LSM content is also available in Russian and English. News content in English was made available from 1 July 2014. A unified news portal was