Fitch upgrades Lithuania

  • 2011-06-04
  • TBT Staff

VILNIUS -- Fitch ratings agency has upgraded Lithuania's currency ratings and outlook.

The ratings agency, one of the largest in the world, upgraded both it's foreign currency rating and local currency rating, in addition to improving the outlook from stable to positive.

The move marks continued economic growth for the country, which is recovering from one of the worst crises in Europe and has been increasing its efforts to attract foreign investment.