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
Government of Latvia public. In June 2013, the Latvian government became one of the first in Europe to offer live internet broadcasts of cabinet meetings. The incumbent cabinet is the Kučinskis cabinet since 11 February 2016. On 7 December 2015 Prime Minister Laimdota Straujuma resigned, which forced negotiations for a new government. The Second Straujuma cabinet served as a caretaker government until the new cabinet was sworn in. Government of Latvia The Government of Latvia is the central government of the Republic of Latvia. The Constitution of Latvia (Satversme) outlines the nation as a parliamentary republic represented by a unicameral parliament (Saeima) and