Credit ratings of troubled European sovereigns have been on a remorseless downward slide. So Standard & Poor’s decision to upgrade Latvia last week was a welcome reminder that such assessments can still move in two directions. Not only did the agency raise its rating one notch but it shifted Latvia back to investment grade status, with a stable outlook.
困境中的歐洲主權信用評級近期連連下滑。因此，標準普爾(Standard & Poor’s)上週決定上調拉脫維亞的評級，就成爲一種可喜的提醒：此類評估仍可能是雙向的。該機構將拉脫維亞的評級上調了一級，使其達到投資級，並將該國評級展望列爲穩定。
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