ZAGREB, Feb 7 (Hina) - Dun & Bradstreet, an international credit rating agency, has changed Croatia's credit rating from DB5a to DB4d, which puts the country in a category of countries with moderate investment risk.
ZAGREB, Feb 7 (Hina) - Dun & Bradstreet, an international credit
rating agency, has changed Croatia's credit rating from DB5a to
DB4d, which puts the country in a category of countries with
moderate investment risk. #L#
This improvement of Croatia's financial reliability is a message to
foreign investors and business partners that economic and
political circumstances in the country have stabilised and that
investments and business deals are safer than last year.
With the DB4d rating Croatia joins countries with moderate
investment risk - Slovakia, Lithuania and Latvia, and Estonia,
which has the highest, DB4a rating, in the same category, reads a
statement issued by Bonline, D&B's representative in Croatia.
On February 2, D&B analysts decided to improve Croatia's credit
rating of DB5a, which the country was given in May last year, after
it had the DB5b rating for a year and a half.
(hina) rml