Business Services Industry
FOREIGN CURRENCY RATING
Info-Prod Research (Middle East), December, 2003
Moody's has raised Lithuania's foreigncurrency ceilings on bonds and bank deposits to A3 from Baa1 in light ofthe government's stronger financial position and the stepped-up pace ofeconomic restructuring in recent years. The government's foreign- and local- currency bond ratings were also raised to A3 from Baa1.
Moody's also affirms the P-2 rating on short-term foreign-currency obligations. The outlook on all the ratings remainspositive. The agency says the administration of Lithuania's public financescontinues to strengthen, underpinned by steady reforms in the tax system,municipal finances, and pension and health sectors. In marked contrastto most other first- wave European Union accession countries, Lithuania'simproved fiscal performance has meant that its debt burden has...
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- LIFO vs. FIFO: a return to the basics
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
- Design a commission plan that drives sales - Sales Commissions
