S&P Global published research update on the credit rating of Latvia
The research report did not constitute a rating action and Latvia`s credit rating at A+ level with stable outlook remained unchanged.
S&P Global mentions that the Latvia’s economy has recovered from the pandemic’s shock and its growth outlook is solid. The credit rating agency also notes that fiscal and external balances have remained relatively strong throughout the pandemic, and the increase in public debt appears moderate.
According the S&P Global sovereign rating calendar the next publication is expected in June 2022.