BRUSSELS, Feb 10 (Reuters) - Lithuania believes it can convince rating agency Moody's not to cut the country's credit rating, Finance Minister Algirdas Semeta said on Tuesday.
Moody's earlier put Lithuania's foreign and local currency bond ratings on review for a possible downgrade, citing a severe deterioration in the macroeconomic environment.
"We will discuss with the agency the measures that we are undertaking to ensure the stability of public finances and an economic recovery," Semeta told Reuters on the sidelines of a meeting of European Union finance ministers.
"I believe measures we are implementing will allow us to maintain (the) macroeconomic situation and ... the rating," he said. (Writing by Marcin Grajewski, editing by Dale Hudson)