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  1. 1 Economics and Business

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  1. 1 Semjonova N.

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  1. 1 2016

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

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Semjonova N.
Economics and Business
|
2016
|
vol. 29
|
issue 1
90-95
EN
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.
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