Support The Moscow Times!

Soviet 'Occupation' Caused $210 Bln Damage to Latvian Economy - Report

An elderly man walks past a memorial wall with names of fallen Latvian Waffen SS legion soldiers in Lestene, 80 kilometers west from capital Riga, Latvia.

The damage inflicted on Latvia’s economy by what the country considers a Soviet occupation from 1940 to 1990 has been estimated at 185 billion euros ($209 billion) by a Latvian research committee, Latvian news website DELFI reported on Monday.

Committee spokesperson Ruta Pazdere said that the damage done to the country’s demography and its environment during the same period had been estimated in the tens of billions.

Pazdere announced the figures at the launch of a number of new books on the history of the Soviet occupation of the Baltics, the Latvian Leta news agency reported.

Speaking at the launch, Latvian MEP Inese Vaidere stressed the need to work on a joint understanding of history.

“Without research into the past, there is a risk that we will repeat the same mistakes,” she said to DELFI.

The lawmaker also noted “identically criminal” similarities between Nazi and Soviet regimes, according to DELFI.

The special committee, created eleven years ago, focuses on 40 areas of research, including the damage incurred under Soviet occupation. As well as focusing on Latvia’s economy, they consider human loss — by calculating the number of people who were deported to Russia or fled to the West — and the occupation’s influence on Latvian culture, religion and countryside.

Read more

Independent journalism isn’t dead. You can help keep it alive.

As the only remaining independent, English-language news source reporting from Russia, The Moscow Times plays a critical role in connecting Russia to the world.

Editorial decisions are made entirely by journalists in our newsroom, who adhere to the highest ethical standards. We fearlessly cover issues that are often considered off-limits or taboo in Russia, from domestic violence and LGBT issues to the climate crisis and a secretive nuclear blast that exposed unknowing doctors to radiation.

As we approach the holiday season, please consider making a one-time donation — or better still a recurring donation — to The Moscow Times to help us continue producing vital, high-quality journalism about the world’s largest country.