Archive for May 9th, 2011

2011 Fitch Gives Lithuania a Positive Rating.

2011 Fitch Gives Lithuania a Positive Rating.

During a press statement last week the global ratings company Fitch Ratings increased Lithuania’s outlook from stable to positive. Michele Napolitano, associate director in Fitches Sovereign group is quoted as saying that the positive outlook reflected Lithuania’s strengthening public finances, strong economic recovery and increasing stabilization in the financial sector. That although Lithuania’s external...
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