Announcements

    Drinks

      Scope has completed a monitoring review on the Republic of Estonia

      27/10/2023 Monitoring note EN

      Scope has completed a monitoring review on the Republic of Estonia

      The periodic review has resulted in no rating action.

      Scope affirms Estonia's credit ratings at AA- and revises the Outlook to Negative

      12/5/2023 Rating announcement EN

      Scope affirms Estonia's credit ratings at AA- and revises the Outlook to Negative

      The country's prolonged exposure to the cost-of-living crisis amid higher geopolitical risks and a weakening fiscal position drive the Outlook revision. Solid economic growth prospects and low public debt support the ratings.

      Scope affirms Estonia's credit rating at AA- with a Stable Outlook

      25/11/2022 Rating announcement EN

      Scope affirms Estonia's credit rating at AA- with a Stable Outlook

      Estonia's sound institutions, solid medium-run growth prospects and low public debt are credit strengths. The still moderate income levels, high exposure to external shocks and adverse demographic trends are challenges.

      Scope completes monitoring review for Estonia

      10/6/2022 Monitoring note EN

      Scope completes monitoring review for Estonia

      Monitoring review announcement

      Scope takes no action on Estonia

      17/12/2021 Monitoring note EN

      Scope takes no action on Estonia

      Monitoring review announcement.

      Scope takes no action on Estonia

      2/7/2021 Monitoring note EN

      Scope takes no action on Estonia

      No action has been taken on Estonia following a monitoring review.

      Scope takes no action on the Republic of Estonia's AA- ratings

      15/1/2021 Monitoring note EN

      Scope takes no action on the Republic of Estonia's AA- ratings

      No action has been taken on the Republic of Estonia following a monitoring review.

      Scope has completed a monitoring review for the Republic of Estonia

      7/8/2020 Monitoring note EN

      Scope has completed a monitoring review for the Republic of Estonia

      Monitoring review announcement

      Scope upgrades Estonia’s credit rating to AA-; Outlook Stable

      21/2/2020 Rating announcement EN

      Scope upgrades Estonia’s credit rating to AA-; Outlook Stable

      Robust growth, prudent fiscal management as well as improved external resilience drive the rating upgrade. Wage-productivity growth imbalances, labour shortages and risks in the banking sector remain challenges.

      Scope affirms Estonia’s long-term credit rating at A+ with Stable Outlook

      5/4/2019 Rating announcement EN

      Scope affirms Estonia’s long-term credit rating at A+ with Stable Outlook

      Estonia’s very low indebtedness, prudent fiscal management, robust economic performance and euro area membership support the rating. Moderate income levels, labour shortages and risks in the banking sector pose challenges.