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
Ogre, Latvia Kurbads. Ogre has a Latvian Basketball League and Baltic Basketball League team, BK Ogre/Kumho Tyre, which entered the Latvian highest league after winning the gold in Latvian second league. Ogre's handball team HK Ogre/Miandum has won multiple medals in the Latvian Handball Higher League and won the silver medal at the 2013–14 season as the highest achievement. FK Ogre, the city's main association football club, plays in the Latvian First League. Ogre, Latvia Ogre (; ; ) (population 26,573 in 2000 census) is the principal town of Ogre Municipality (and previously Ogre District) in Central Latvia, east of the capital