Although Estonia witnessed the European Union's third-deepest recession, last year, its credit rating outlook has been raised by Fitch. Fitch lifted the outlook on the BBB+ rating, three notches above non-investment grade, to stabilize and raise it above negative.

Tallinn - An opposition party in the Baltic state of Estonia reacted angrily Tuesday to the acquittal on Monday of four people accused of organizing serious riots about a Soviet-era war memorial in the Estonian capital Tallinn, in April 2007, accusing prosecutors of a lack of professionalism.