International Internet Magazine. Baltic States news & analyticsMonday, 06.09.2010, 12:21
Fitch Ratings upgrades Latvia's rating outlook
04.09.2010Latvia's finance minister said on Friday ratings agency Fitch had upgraded the Baltic country's rating outlook to stable from negative due to improved financial and economic conditions.
Keyword tags: Analytics, Economics, Investments, Latvia, Rating
Fitch gives hope to Estonia for upgrading the rating
30.03.2010International rating agency Fitch announced on Tuesday that it changes the outlook for Estonia’s state rating to “positive” which gives hope that the current rating would be improved, LETA/Äripäev.ee reports.
Fitch changed SEB Bank's and DnB NORD Bankas rating to stable
10.03.2010International ratings agency Fitch Ratings changed SEB Bank's long-term issuer's default rating outlook from negative to stable whereas SEB Bank's long-term issuer's default rating A, short-term issuer's default rating F1, individual rating D/E and support rating 1 remained unchanged. Fitch also revised the outlook for a bank DnB NORD Bankas, operating in Lithuania, to stable from negative.
Fitch: Orlen downgrade threat recedes as refiner cuts debt
08.03.2010PKN Orlen, Poland's largest oil refiner and owner of Lithuania's oil company Mazeikiu Nafta, is less likely to have its credit rating cut in the next 12 months, Fitch Ratings said, after cut debt in the fourth quarter, meeting requirements set by banks in loan agreements.
Moody’s: Lithuania's budget deficit weighs down on ratings
22.02.2010Lithuania's budget deficit will remain "high" for several years, because of swelling government debt, and weigh on the country's credit ratings, Moody’s Investor Service said. Weak domestic consumption and tightening fiscal policies will delay a sustained economic recovery until the second half of 2010, Kenneth Orchard, a London-based analyst with Moody’s, said on Friday in an e-mailed response to questions from Bloomberg.
Estonia fell 12 positions in the global competitiveness list
Estonia fell 12 positions in the global competitiveness list, from the 23rd to the 35th position and in the European competitiveness list from the 10th to 17th position, LETA/Postimees Online reports.
Standard&Poor's raises Latvia's credit rating outlook
Latvia, having undergone the deepest recession in the European Union, has had its credit rating outlook raised by Standard & Poor’s (S&P) as the government shows signs of stabilizing the country’s finances.
Updating the Nordic-Baltic cooperation 
