Latvian lats standard from its introduction till 1940. On 17 June 1940, Latvia was occupied by the USSR. After the dismantling of the Bank of Latvia and its replacement with the Latvia Republican Office of the Gosbank on 10 October, the Soviet ruble was introduced alongside the lats on 25 November 1940 at par, although the real monetary value of the rouble was about three times lower and thus both wages and prices were gradually raised to devalue the lats from June to November 1940. To lessen the effect of the exodus of goods sent by Soviet occupational personnel to the USSR,
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,