Estonia’s Credit Rating Affirmed by S&P on GDP Outlook, Finances
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Estonia’s credit rating was affirmed by Standard and Poor’s Ratings Services, which cited the strength of the Baltic country’s public finances and its improving growth outlook.
S&P kept Estonia’s long-term government bond rating at AA-, the fourth-highest investment grade, on par with the Czech Republic. The ratings company left the outlook at stable. Moody’s Investors Service and Fitch Ratings rate Estonia as the fifth-highest investment grade.