5 lats coin 5 lats coin The 5 lats coin was a Latvian lat coin minted in 1929, 1931 and 1932. It became a popular symbol of independence during the Soviet occupation. It was reproduced in several modern commemorative coins of Latvia and is used on the national sides of the Latvian 1 and 2 euro coins. The reverse design was featured on the 500 lats banknote and in watermarks of all lats banknotes. In February 1929, the Latvian Ministry of Finance decided to issue a 5 lat circulation coin depicting the head of a maiden, which would symbolize the Republic of Latvia
Baltic Development Forum Baltic Development Forum The Baltic Development Forum is an independent think-tank and non-profit high-level and agenda-setting networking organisation with strategic partners and sponsors from large companies, major cities, institutional investors, business associations and academia in the Baltic Sea Region. The network involves more than 8,000 decision-makers from all over the region and beyond. March 2014 former Minister for Foreign Affairs, Mrs. Lene Espersen replaced the interim Chairwoman, Mrs. Helle Bechgaard as chairwoman of Baltic Development Forum. Until November 2011, Baltic Development Forum was chaired by Uffe Ellemann-Jensen, Minister for Foreign Affairs of Denmark 1982-1993. Mr. Ellemann-Jensen is co-founder of Baltic