Posts tagged as Fitch revise

Fitch upgrades Estonia to AA-, says economy is stable

Monday, October 8, 2018

Rating agency Fitch upgraded Estonia’s long-term foreign and local-currency issuer default ratings (IDRs) to AA- from A+ on Friday, adding that they expect it to remain stable at this point. As the key rating drivers behind the upgrade Fitch named Estonia’s current account surplus and “continued external deleveraging in the private sector, both of which have strengthened Estonia’s external position, underpinning a strong net external creditor position equivalent to 16.6%…

Fitch revises Lithuania’s rating outlook from stable to positive

Monday, August 13, 2018

Fitch Ratings has revised the outlook on Lithuania’s long-term foreign-currency credit rating from stable to positive, informs LETA/BNS referring to the Finance Ministry of Lithuania. The outlook was changed after a positive review of the country’s fiscal policy. Lithuania’s long-term credit rating is now “A-“, and the short-term credit rating is “F1”, and they remain unchanged. Fitch Ratings upgraded the outlook following a positive review of Lithuania’s growth, fiscal policy…