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Estonia credit rating raised

Friday, 22 April 2011
The credit rating agency Standard & Poor's has raised Estonia's credit rating from stable to positive.
Standard & Poor's raised Estonia's credit rating from class A to A1 and highlights Estonia's stable economy and growth prospects.
The Estonian government has predicted a growth of 4 percent this year. The Swedish banks Swedbank and SEB still think that growth can be close to 4.5 or 5 percent.
Estonia adopted the use of their legal tender at the beginning of this year.
By Scancomark.se Team




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