Rapid euro entry would help Baltic states, agency says

If the Baltic nations rapidly entered the eurozone, their current balance of payments crisis would end and credit ratings would go up, US-based rating agency Standard and Poor's said on Thursday (5 March).

"It's pretty clear that, with current debt burdens, if any of the three Baltics were in the euro, their ratings would be at least one notch higher," analyst Frank Gill said, according to Agence France Presse.

"If there were any indication from the European Commission or the Euro...