International Internet Magazine. Baltic States news & analytics
Wednesday, 16.04.2014, 22:08
The fact that Lithuania returned to one of the highest rating levels in Lithuania's sovereign credit history will make it possible to plan lower costs for servicing the public debt, says Prime Minister Algirdas Butkevicius. The savings will be directed towards education and health care, informs LETA/ELTA.
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Lithuania's credit rating was raised two notches by Standard & Poor's on a stronger-than-expected fiscal performance and higher prospects the Baltic nation will qualify for euro adoption in 2015, LETA/ELTA reports, referring to bloomber.com.
The Pension Sustainability Index by the German company Allianz Global Investors has ranked Latvia's pension system 9th best in the world. Estonia is ranked in 11th place and Lithuania in 18th place, informs LETA.
A global consultation company Quacquarelli Symonds (QS) released its ranking list QS World University Rankings by Subject 2014 which ranks the specialties of top universities in comparison with each other. Estonia makes the list with three specialties: the highest position (51–100) is maintained by the communication studies curriculum of the University of Tartu, modern languages, history and archaeology rank on places 151–200, Tartu University informed LETA.
The Reporters Without Borders press freedom index places Estonia on the 11th place in the world in 2014, just like it did last year, LETA/Public Broadcasting reports. Latvia has improved its position from 39 to 37 and Lithuania gained one place to 32nd in the index.
In the European Council on Foreign Relations’ (ECFR) recently published annual European foreign policy performance assessment for 2013, Latvia is evaluated as “Leader” in three important areas of European foreign policy, informed BC the Latvian Institute.
Japanese rating agency R&I yesterday affirmed the foreign currency issuer rating at "BBB" for Latvia; the rating outlook is stable, informs LETA, referring to the State Treasury.