Fitch rat­ings to Baltic states at 'A' grade with sta­ble or pos­i­tive outlook

Fitch Rat­ings, the Amer­i­can credit rat­ing agency, has set its long-term rat­ing of all three Baltic states at the ‘A’ grade, as its eval­u­a­tion of Es­to­nia’s fi­nances has been an­nounced last week.

Baltic News Network - - Front Page -

Ac­cord­ing to the firm’s Lon­don of­fice, on May 4, Estonia’s long-term for­eign- and lo­cal-cur­rency is­suer de­fault rat­ings (IDRs) were af­firmed at ‘A+’ with the out­look ex­pected to pos­i­tive.

As to Latvia, on April 27, Fitch set its long-term for­eign-cur­rency is­suer de­fault rat­ings at ‘A-‘ with a sta­ble out­look.

Fi­nally, the IDRs of Lithua­nia, the largest Baltic state, were af­firmed by the agency in mid-Fe­bru­ary at ‘A-‘, also with a sta­ble out­look.

Newspapers in English

Newspapers from Latvia

© PressReader. All rights reserved.