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
Baltic states housing bubble was unsustainable; many banks in the Baltic states found themselves "trapped" with high debts denominated in euros. When the housing price in the Baltic states crashed, banks in the Baltic States were unable to re-pay their debts due to high non-performing loans and lacked of liquidity to sufficiently cover their debts to the parent banks. Following the integration with the European Union, the Baltic States enjoyed strong economic growth and subsequently among the fastest economic growth in Europe. Thus, the Baltic States emerged as the top destinations for foreign direct investment (FDI). Generally majority FDI into the Baltic States was