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Sat May 25, 2013, 21:00 GMT +3
Home More news list Fitch Affirms A+ Rating for Estonia

Fitch Affirms A+ Rating for Estonia

ERR - The rating agency Fitch reconfirmed Estonia's rating as A+, leaving the country's outlook at stable.

Fitch praised Estonia's accession to the Eurozone and the country's balanced recovery from the economic crisis.

On the other hand, the agency noted the continually low quality of life of Estonians and a volatile economic situation that is sensitive to neighboring economies.

Nevertheless, Estonia is more immune to foreign influences than it was in 2008 and 2009, Fitch said, thanks to increasing competitiveness.

Read more: http://news.err.ee/economy/6ce0266f-5ed9-4403-aa19-e14e54d9cf35

Last Updated on Monday, 04 June 2012 08:21
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