Baltic States: S&P downgrades long-term credit ratings

Credit rating agency Standard & Poor’s (S&P) has downgraded the credit ratings of Estonia, and also of Latvia Lithuania, as a result of threats associated with the Russian Federation. S&P downgraded Estonia’s long-term credit rating from “AA-” to “A+”, while Latvia and Lithuania’s ratings, previously each at “A+”, were also downgraded, to “A” in both…

Ukraine: emergency blackouts canceled

Emergency power shutdowns were called off in the city of Kyiv, as well as Odesa, Dnipropetrovsk, Donetsk and Kyiv regions on June 2, the DTEK operator reported. “Kyiv, Kyiv region, as well as Odesa, Donetsk and Dnipropetrovsk regions: getting back to stabilization schedules. We should recall that today they will be applied from 18:00 to…