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Estonia credit rating to be raised

Tuesday, 09 August 2011
The credit rating agency Standard & Poor's, which recently lowered the U.S. credit rating, think that Estonia is in the process of recovering from recession.

As such the export-led growth of Estonia is becoming Standard & Poors to raises its credit rating from A to AA-.


Estonia because the euro zone's seventeenth member at the beginning of the year. As such the country's budget deficit is expected to be below three percent, which is the border to join the European monetary cooperation.
By Scancomark.se Team



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