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Friday, 19.12.2014, 18:26
Estonia was on the high 21st position in the Global Militarisation Index (GMI) compiled by the Bonn International Centre for Conversion, among 151 countries on which data existed, LETA/Public Broadcasting reports. Lithuania is ranked 58th and Latvia 78th.
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International rating agency Fitch has decided to keep Latvia's credit rating at "A-", with future outlooks being stable, reports Reuters/LETA.
Fitch Ratings affirmed Estonia's long-term foreign and local currency Issuer Default Ratings (IDR) at 'A+' on Friday; the outlooks are stable, LETA/Public Broadcasting reports.
Due to Latvia's strong fiscal position, international ratings agency Standard&Poor’s has kept Latvia's rating at ''A-/A-2'' with a stable outlook, informs LETA.
The government approved a new strategy to improve the business environment in 2014 and 2015 – while the strategy has no overarching goal, the government has decided that it should achieve a higher position for Latvia in the World Bank's "Doing Business" index, ahead of Estonia and Lithuania, as Prime Minister Laimdota Straujuma (Unity) told reporters after the government's meeting, cites LETA.
Estonia climbed to the 32nd position among 142 states in this Legatum Prosperity Index 2014 by British independent organisation Legatum Institute, four places higher than last year, Public LETA/Broadcasting reports.
There is no reason to celebrate Latvia's position in the World Bank's latest "Doing Business" study, Latvian Chamber of Commerce and Industry board chairman Janis Endzins told the Nozare.lv business portal, cites LETA.