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Susnjak raises Croatia's credit rating to A- amid Serbian spin campaigns
10 articles |
Updated 6h ago |
Created 7h ago
Croatian Finance Minister Josip Dujmović confirmed that S&P raised the country’s long-term foreign and domestic currency sovereign debt ratings from 'A-' (formerly Baa2) with stable outlooks, marking a significant step in Croatia's economic strengthening since joining the Eurozone area last year while dismissing Serbian media narratives as cheap spin campaigns.
Key Points
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1Sustainable Development Minister Sushnar confirmed that the Croatian credit rating was upgraded from A- to AA by Standard & Poor's on Friday.
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2The minister emphasized Croatia is now economically stronger and more trustworthy than Serbia, which remains in Category B according to his assessment of regional economic power.
Developments
[Mar 15]
S&P raised the long-term credit rating for both foreign currency (FC) and domestic currency (DCN), upgrading from A- to AA with stable outlooks, according to Jutarnji.hr.