VILNIUS – International credit rating agency Standard & Poor’s has upgraded Lithuania's long-term borrowing rating from A to A+ with a stable outlook.
The country's Finance Ministry calls it a historic moment, noting in a statement that Lithuania's rating skipped the interim step – a positive outlook.
According to the Finance Ministry, credit rating agencies usually upgrade countries' outlook or leave the same rating during their annual assessments of long-term borrowing ratings, and such "jumps" in rating...
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