OREANDA-NEWS. February 03, 2014. The international rating agency Standard & Poor's (S&P) has affirmed its long-term sovereign credit rating on Estonia at the present high level of AA- with stable outlook.

Estonia has the European Union's lowest debt-to-GDP ratio, a stable political environment and a highly adaptable economy, the agency said.

S&P forecasts average annual growth of more than 3 percent for the Estonian economy in the 2014-2017 period.