University of Latvia University of Latvia on September 18, 1991. It stated that the institution is "a state establishment of academic education, science and culture which serves the needs of Latvia and its people". Alongside the Constitution, the flag, the hymn, the University's emblem, the Rector's chain, and the official garments for the Rector, Vice-Rector and deans were re-adopted as attributes of the University of Latvia. The EuroFaculty, created by the CBSS to support reforms at the universities in Tartu, Riga, and Vilnius, was organized with its headquarters at the University of Latvia from 1993 to 2005. The Riga Teacher Training and Educational
History of Latvia to capital investment projects. Around 15% of income was generated by state spirits monopoly. The restoration of industry was more complicated. Before World War I 80% of industrial production was made for internal Russian Empire markets. Trade agreement with Soviet Union was signed in 1927 but did not result in high trade volumes. By the end of 1920s Latvia's largest export markets were Germany (35,6%), United Kingdom (20,8%), France, Belgium, Netherlands (22,9%). Latvia had to import almost all of modern machinery and fuels. In 1929 Latvia had 3 state owned banks, 19 private banks, 605 credit unions and many more