Latvia Riga The Wild West Back Drop. Latvia is a very small country that joined the EU in 2005. It then had double digit growth in the Economy / Property / Personal Wealth and average annual inflation was in double digits until 2008. Then the economy started to shrink by more than 12% of the GDP / 50% Property and Personal Wealth wiped out. But yet average annual inflation stayed in double digits figures. Unemployment has reached 8.3 percent and is still climbing in January 2009, Riga Frontier Town I have been going... read full review »