March 2, 2018 / 10:15 PM / 9 months ago

BRIEF-S&P Raises Lithuania’s Sovereign Credit Rating To A From A-; Lowers Outlook To Stable From Positive

March 2 (Reuters) - S&P:

* S&P RAISES LITHUANIA’S SOVEREIGN CREDIT RATING TO A FROM A-; LOWERS OUTLOOK TO STABLE FROM POSITIVE

* S&P SAYS LITHUANIA UPGRADED TO ‘A/A-1’ ON STRONG GROWTH AND PUBLIC FINANCES; OUTLOOK STABLE

* S&P SAYS EXPECTS THAT LITHUANIA’S ECONOMY WILL CONTINUE ON A STEADY GROWTH PATH OVER THE NEXT FOUR YEARS

* S&P SAYS UPGRADE REFLECTS LITHUANIA'S STRONG ECONOMIC DEVELOPMENT OVER THE PAST YEARS, "ROBUST" GROWTH PROSPECTS IN THE NEAR TERM Source text: (bit.ly/2oCyoUQ)

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