Latvian euro coins Latvian euro coins Latvia replaced its previous currency, the lats, with the euro on 1 January 2014, after a European Union (EU) assessment in June 2013 asserted that the country had met all convergence criteria necessary for euro adoption. The adoption process began 1 May 2004, when Latvia joined the European Union, entering the EU's Economic and Monetary Union. At the start of 2005, the lats was pegged to the euro at Ls 0.702804 = €1, and Latvia joined the European Exchange Rate Mechanism (ERM ll), four months later on 2 May 2005. Latvia's Treaty of Accession to the European
Baltic (tug) Baltic (tug) The Baltic is a German emergency tow vessel (ETV) commissioned in 2010. The vessel which was built in Spain by Astilleros Armon is owned by Arbeitsgemeinschaft Küstenschutz of Germany, a consortium of tugboat companies. The Federal Ministry of Transport, Building and Urban Development of Germany has chartered the vessel to protect the German coastline. The "Baltic" replaced the tugboat "Fairplay 26" as an ETV and operates from Warnemünde in the western Baltic Sea. She was commissioned on 24 September 2010. The Baltic features a bollard pull of 127 tons and a maximum speed of . In October 2010,