Header and navigation menu

Page content

Fitch Affirms Estonia at 'A+'; Outlook Stable

Fitch Ratings has affirmed Estonia's Long-Term Issuer Default Ratings (IDRs)at 'A+' with a Stable Outlook. Estonia's rating reflects strong governance standards and institutions underpinned by EU and eurozone membership, and lower, albeit rising, government debt and debt service relative to rating peers, and a large net external creditor position. These strengths are balanced against the economy's vulnerability to shocks given its small size and lower GDP per capita relative to rating peers.[....]