Announcements
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28/4/2023 Rating announcement EN
Scope affirms Latvia's credit ratings at A- and revises the Outlook to Stable from Positive
The country's prolonged exposure to the cost-of-living shock amid higher geopolitical risks drives the Outlook revision. Latvia's solid medium-run growth prospects and moderate public debt underpin the rating affirmation.
14/1/2022 Rating announcement EN
Scope affirms Latvia’s credit rating at A- and revises the Outlook to Positive
Solid economic growth prospects and reduced financial sector risk drive the Outlook change. Unfavourable demographics, an exposure to external shocks and banking spill-over risks remain credit challenges.
27/4/2018 Rating announcement EN
Scope affirms Latvia’s credit rating of A-, Outlook remains Stable
Strong public finances, commitment to structural reform, sound economic performance and euro-area membership support the rating. External vulnerabilities, unfavourable demographics and weak productivity gains remain challenges.
27/10/2017 Rating announcement EN
Scope affirms and publishes Latvia’s credit rating at A- and changes the Outlook to Stable
Sound economic performance, commitment to structural reforms, effective fiscal consolidation and euro area membership support the rating. Vulnerabilities to external shocks, subdued potential growth and unfavourable demographics remain challenges.