The introduction of the euro in Latvia in just a few months’ time is another step in the same direction, and I could also mention Riga’s status as cultural capital of Europe in 2014 in the same context. Draghi: In Frankfurt, the mere existence of the ECB has undoubtedly contributed to the cultural richness of the city and the region.
Along this trajectory, the marginal cost of harvesting renewable energy is likely to become considerably lower and more stable than in the current regime. See, for example, Bielen et al.