Estonia -- Moody's: Estonia's resilient GDP growth, diversified economy and low government debt underpin its creditworthiness

London, 20 August 2014 -- Estonia's credit strengths are supported by steady economic growth that, demographic constraints notwithstanding, is aided by the country's diversified, albeit small, economy, its moderately high level of affluence and the longer-term prospects for economic convergence with the core euro area, says Moody's Investors Service. In addition, the country's A1 government bond rating remains supported by a track record of low general government debt and low financial deficits coupled with strong political consensus, very high institutional strength and low susceptibility to event risk.

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