Lithuania: IMF warns of economic overheating

The International Monetary Fund (IMF) has warned Lithuania about risks of overheating – both in particular sectors and in the economy as a whole. Among the risks, the IMF listed uneven recovery of the country’s main trade partners, geopolitical tensions, disruptions to the vaccination process and a lagging absorption of the European Union’s (EU) economic…

Armenia: Moody’s affirms country rating at Ba3

Moody’s Investors Service has affirmed the Government of Armenia’s Ba3 local and foreign currency long-term issuer ratings and foreign currency senior unsecured rating. The outlook remains stable. The affirmation of the Ba3 ratings is driven by the credit profile’s resilience to the significant shocks of the coronavirus pandemic and geopolitical and domestic political tensions, and…