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CROATIA'S CREDIT RATING FOR APRIL UNCHANGED

ZAGREB, April 2 (Hina) - Croatia's credit rating for April is still DB4d, and the country's risk profile is positively assessed in the light of its application for membership in the European Union and accession into the CEFTA, notes a report by the Dun & Bradstreet (D&B) credit rating company, cited by the Croatian BonLine company for business information.
ZAGREB, April 2 (Hina) - Croatia's credit rating for April is still DB4d, and the country's risk profile is positively assessed in the light of its application for membership in the European Union and accession into the CEFTA, notes a report by the Dun & Bradstreet (D&B) credit rating company, cited by the Croatian BonLine company for business information. #L# The latest D&B report notes that Croatia's admission to the CEFTA on March 1 further underscored Croatia's progress towards international integration. The report notes, however, that the "Bobetko case" was still influencing the overall situation, as well as that the U.N. war crimes tribunal's chief prosecutor "Carla Del Ponte claimed that (General Ante) Gotovina has been moving freely between Croatia and Bosnia-Herzegovina". The grade DB4d, which Croatia has been given for months, indicates a country of moderate risk, but with significant risk for investment receipts. The D&B list of Central and Eastern European countries has for months been headed by Hungary and Slovenia, graded DB2d, which means they are countries of low investment risk. With the DB6d grade, Serbia and Montenegro, Usbekistan, Turkmenistan, Tajikistan, Georgia, Belarus, Bosnia-Herzegovina and Albania have been at the bottom of the list for months. The grade marks countries with very high risk for investors. (hina) lml sb

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