Latvia Scholarships, Fellowships, and grants for Indian students to study abroad
October 3, 2023 ⚊ 1 Min read ⚊ Views 34 ⚊ BLOG
Latvia, which is situated between Russia and the Baltic Sea and has a temperate temperature, is well known for its dense woods. The recent political history of Latvia is rather fascinating. After being taken over by Russia in 1940, the nation regained its independence following the fall of the USSR, and in 2004, it was able to join both NATO and the European Union. The official language is Latvian, which is one of the only two living Baltic languages (the other is Lithuanian). The economy of Latvia has greatly expanded since it achieved independence, despite slowing down during the world economic downturn. However, due to its stable administration and positive connections with other countries, it is well-positioned to bounce back as soon as the global economy begins to improve. The encouraging move by Standard & Poor to upgrade Latvia’s credit rating in 2010 is very telling of the achievement of the post-Soviet era market reforms in Latvia.
