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
Capital punishment in Latvia death sentence to a term of imprisonment. Latvia continued to hand down death sentences until 1998. On April 15, 1999 the death penalty in peacetime was abolished by ratifying Protocol No. 6 to the European Convention on Human Rights. In 2002, Latvia signed Protocol No. 13 to ECHR, concerning the abolition of the death penalty under all circumstances. The law on the ratification of Protocol 13 was adopted on 13 October 2011 and the protocol was ratified on 26 January 2012. Protocol 13 was entered into force on 1 May 2012. Latvia was the last European Union country to retain