S&P re-affirms Latvia’s credit rating

  • 2018-03-28
  • LETA/TBT Staff
The credit rating agency S&P Global has reaffirmed its 'A-' long-term foreign and local currency sovereign credit ratings on the Republic of Latvia. The outlook remains positive, S&P informs. The agency outlines that the positive outlook reflects potential to reach an average growth of 3 perdent a year over 2018-2021, which will be supported by strong investments and a favorable external environment. In S&P Global's view, the ongoing situation in Latvia`s financial system will not result in a fiscal cost for the government, while...
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