Bloomberg News

Latvian Credit Rating May Be Raised by S&P in May, Telegraf Says

May 02, 2012

Latvia’s credit rating may be upgraded by Standard & Poor’s this month, Telegraf reported, citing an interview with Finance Minister Andris Vilks.

Other credit-rating companies may follow suit, giving Latvia “a few more” upgrades through 2014, Vilks was quoted as saying. S&P rates Latvia’s debt at BB+, one level below investment grade.

To contact the reporter on this story: Milda Seputyte in Vilnius at

To contact the editor responsible for this story: Balazs Penz at

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