Committee of the German Baltic Parties Committee of the German Baltic Parties The Committee of the German-Baltic Parties (, ADP) was an alliance of Baltic German political parties in Latvia during the inter-war period. Its members included the German-Baltic Democratic Party, the German-Baltic Progressive Party, the German-Baltic Reform Party, the German-Baltic People's Party, the German-Baltic Integration Party, the German-Baltic State Party and the Voters Association of Mitau. The alliance was established in early 1920 as a successor to the National Committee. won six seats in the 1920 Constitutional Assembly elections. It retained its six seats in the 1st Saeima after the 1922 elections, but was reduced
Hard currency its short history, however the European sovereign debt crisis has partially eroded that confidence. The Swiss franc (CHF) has long been considered a hard currency, and in fact was the last paper currency in the world to terminate its convertibility to gold. In the summer of 2011, the European sovereign debt crisis led to rapid flows out of the euro and into the franc by those seeking hard currency, causing the latter to appreciate rapidly. On September 6, 2011, the Swiss National Bank announced that it would buy an "unlimited" number of euros to fix an exchange rate at 1.00