2014–15 Baltic Basketball League 2014–15 Baltic Basketball League The 2014–15 Baltic Basketball League was the 11th season of the Baltic Basketball League. This season’s competition included 8 teams from Estonia, 6 each from Latvia and Lithuania, and one team apiece representing Finland and Russia. For the regular season the teams were divided into three groups and competed in a round-robin competition system, with each team facing their opponent twice. Top four teams of each group and the best fifth placed team qualified for the eight-finals. The three teams who participated in FIBA EuroChallenge and Eurocup competitions – Šiauliai, Tartu Ülikool/Rock and Ventspils – begin
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