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
Museum of the Occupation of Latvia after Paulis Lazda, a History Professor at the University of Wisconsin–Eau Claire, proposed the idea to the Ministry of Culture of the Republic of Latvia to create a museum covering the occupation period of Latvia, from 1940-1991. This led to the establishment of the Occupation Museum Foundation (OMF), now the Occupation Museum Association (OMB), in spring 1993. The OMF was made of 11 people who aimed to establish, administer and finance the museum. The first exhibition of the museum opened on 1 July 1993. The exhibition covered the period of the first Soviet occupation of Latvia from 1940 to 1941.