ZAGREB, Nov 7 (Hina) - Croatia's credit rating for November remains unchanged, at DB4d, the most recent Dun & Bradstreet credit rating company's report reads. The reasons for the rating remaining at the same level for the eighth month
in a row lay in the recently issued indicators of Croatia's economic growth. The growth of 4.2 percent in the first trimester has continued in the second four months with an even higher 4.7 percent, D&B said. Croatia's international position is on a slow decline: in the first seven months imports grew by 20.7 percent, while exports have risen by only 3 percent, which is the reason the trade deficit has increased by 45.5 percent. Considering all the indicators and envisaged development of circumstances, Dun & Bradstreet has amended its estimate about the growth of Croatia's Gross Domestic Product from 3.5 to 4 percent, which is somewhat less that the government's official e
ZAGREB, Nov 7 (Hina) - Croatia's credit rating for November remains
unchanged, at DB4d, the most recent Dun & Bradstreet credit rating
company's report reads.
The reasons for the rating remaining at the same level for the
eighth month in a row lay in the recently issued indicators of
Croatia's economic growth. The growth of 4.2 percent in the first
trimester has continued in the second four months with an even
higher 4.7 percent, D&B said.
Croatia's international position is on a slow decline: in the first
seven months imports grew by 20.7 percent, while exports have risen
by only 3 percent, which is the reason the trade deficit has
increased by 45.5 percent.
Considering all the indicators and envisaged development of
circumstances, Dun & Bradstreet has amended its estimate about the
growth of Croatia's Gross Domestic Product from 3.5 to 4 percent,
which is somewhat less that the government's official estimate of a
4.2 percent growth.
(hina) lml