Likely euro adoption puts Estonia on positive watch

tallinestonia

Fitch Ratings on Tuesday placed Estonia's long-term foreign and local currency ratings on positive watch after its government published debt figures which take the country a step closer to joining the eurozone.


Data published last Friday by Statistics Estonia put the general government deficit figure at 1.7% of GDP, well below the 3% deficit mark required for euro accession. The figure is expected to be confirmed by Eurostat on 22 April.


Fitch now expects the European Commission to recommend Est

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: