Baltics, Slovenia set for early euro adoption

The ratings agency said it regards the convergence programmes of these states as “credible” and expects them to start using the euro in less than three years.

Fitch has therefore upgraded their long-term foreign currency ratings – for Estonia from A- to A; for Lithuania from BBB+ to A- and Slovenia from A+ to AA-.

“Fitch regards the eventual adoption of the euro as a significant positive factor for the external creditworthiness of the 10 new EU members states, as it would reduce the risks emanat