Credit ratings of troubled European sovereigns have been on a remorseless downward slide. So Standard & Poor’s decision to upgrade Latvia last week was a welcome reminder that such assessments can still move in two directions. Not only did the agency raise its rating one notch but it shifted Latvia back to investment grade status, with a stable outlook.
困境中的欧洲主权信用评级近期连连下滑。因此，标准普尔(Standard & Poor’s)上周决定上调拉脱维亚的评级，就成为一种可喜的提醒：此类评估仍可能是双向的。该机构将拉脱维亚的评级上调了一级，使其达到投资级，并将该国评级展望列为稳定。
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