Fitch Ratings-London-03 October 2014: Fitch Ratings has affirmed Lithuania’s Long-term foreign and local currency Issuer Default Ratings (IDR) at ‘A-‘. The Outlooks are Stable. The issue ratings on Lithuania’s senior unsecured foreign and local currency bonds have also been affirmed at ‘A-‘. The Country Ceiling has been affirmed at ‘AAA’ and the Short-term foreign currency IDR at ‘F1’.
KEY RATING DRIVERS
The affirmation and Stable Outlook reflect the following factors: Upcoming membership into the eurozone will further enhance Lithuania’s already effective policy-making and governance.