Posts tagged as Global Ratings

Agency raises Latvia’s credit rating

Monday, September 24, 2018

On Sept. 21, 2018, S&P Global Ratings raised its long- and short-term foreign and local currency sovereign credit ratings on Latvia to ‘A/A-1’ from ‘A-/A-2’ with a stable outlook, the agency said in a ratings note. The outlook is stable. Strong domestic demand will push growth levels to above 3% annually on average over the next four years, with fiscal deficits remaining contained, in the view of S&P. “As we expected, the liquidation…