Baltic states the 2010 Rome Masters and 2014 French Open. All three are Unitary republics, joined the European Union on 1 May 2004, share EET/EEST time zone schedules and euro currency. International peer-reviewed journals, media and book series dedicated to the Baltic region include: Official statistics of the Baltic states: Baltic states The Baltic states, also known as the Baltic countries, Baltic republics, Baltic nations or simply the Baltics (, , ), is a geopolitical term used for grouping the three sovereign states in Northern Europe on the eastern coast of the Baltic Sea: Estonia, Latvia, and Lithuania. The term is not
Currency intervention of Swiss GDP. To maintain price stability and lower the franc's value, the SNB created new francs and used them to buy euros. Increasing the supply of francs relative to euros on foreign-exchange markets caused the franc's value to fall (ensuring the euro was worth 1.2 francs). This policy resulted in the SNB amassing roughly $480 billion-worth of foreign currency, a sum equal to about 70% of Swiss GDP. The Economist asserts that the SNB dropped the cap for the following reasons: first, rising criticisms among Swiss citizens regarding the large build-up of foreign reserves. Fears of runaway inflation underlie