International Internet Magazine. Baltic States news & analytics
Saturday, 17.03.2018, 08:07
Finland is the happiest country in the world while Latvia ranks 53rd in the latest World Happiness Report published by the United Nations on Wednesday, cites LETA.
Keyword tags: Analytics, EU – Baltic States, Rating, Society
More than half the women working abroad (51%) are satisfied with their career opportunities. But at the same time, one-third of them (33%) state that their income abroad is lower than what they would make in a similar job back home, compared to only a quarter of men (25%) stating the same, as InterNations, the world’s largest network for people who live and work abroad, reveals.
The international credit ratings agency Standard & Poor's has given a positive mark to Lithuania's fiscal policies and economic growth outlook, revising the its outlook to the country's credit rating,reports LETA/BNS.
Moody: Government of Latvia Financial scandals raise questions over supervisory capacity and weigh on institutional strength02.03.2018
Recent scandals in the financial sector are credit negative for Latvia (A3 stable) as they raise questions around the strength of the authorities' supervisory capacity as well as concerns around the effective enforcement of anti-money laundering (AML) measures, writes in Moody Investor Service comments sent for BC.
The failure of Latvia's third-largest bank does not appear to jeopardize the country's sovereign credit fundamentals, Fitch Ratings says in its statement, writes LETA.
On Saturday, the European Union’s Single Resolution Board announced that ABLV Bank AS would be liquidated following the European Central Bank’s (ECB) decision on 23 February that the bank was failing or likely to fail. The development was the latest in a series of events that are credit negative for Latvian banks’ international reputation and undermine Latvian authorities’ efforts to promote the country as a financial hub.
International ratings agency S&P Global has affirmed Latvia’s credit rating at A-, leaving also the outlook on the rating positive, LETA was told at the Treasury.