<abstract xmlns="http://www.w3.org/1999/xhtml"><p>The present paper applies recently developed consolidated indicator of the state financial security to the situation in Baltic States and some EU countries. The indicator summarises a number of economic and financial parameters relevant to the financial independence of the country. The resulting indicator demonstrates a reasonable correlation with sovereign Fitch rating both for Baltic States and the “old” EU countries, but Fitch rating gives more optimistic evaluation for old EU countries.</p></abstract>

The present paper applies recently developed consolidated indicator of the state financial security to the situation in Baltic States and some EU countries. The indicator summarises a number of economic and financial parameters relevant to the financial independence of the country. The resulting indicator demonstrates a reasonable correlation with sovereign Fitch rating both for Baltic States and the “old” EU countries, but Fitch rating gives more optimistic evaluation for old EU countries.

Financial Security in the Baltic States: Comparison with Selected EU Countries

Economics and Business

This work is licensed under the Creative Commons Attribution 4.0 Public License.

{"article-title":"Financial Security in the Baltic States: Comparison with Selected EU Countries"}

The present paper applies recently developed consolidated indicator of the state financial security to the situation in Baltic States and some EU countries....

Financial Security in the Baltic States: Comparison with Selected EU Countries

Published Online: Sep 10, 2016

Page range: 90 - 95

DOI: https://doi.org/10.1515/eb-2016-0026

Keywords
Financial security, government debt, sovereign rating

© 2016 Nadežda Semjonova, published by De Gruyter Open

This work is licensed under the Creative Commons Attribution 4.0 Public License.

Financial Security in the Baltic States: Comparison with Selected EU Countries

Published Online: Sep 10, 2016

Page range: 90 - 95

DOI: https://doi.org/10.1515/eb-2016-0026

KeywordsFinancial security, government debt, sovereign rating

© 2016 Nadežda Semjonova, published by De Gruyter Open

This work is licensed under the Creative Commons Attribution 4.0 Public License.

Keywords
Financial security, government debt, sovereign rating