ZAGREB, April 6 (Hina) - A profile of risks about investments in Croatia improved for the first time in the last two years, and it directly indicates how the current rating of Croatia is moving upward, Dun&Bradstreet (D&B) reported on
Thursday. This leading agency in providing business information services, assesses in its report issued for April that the improvement has been caused by moves made by the new Croatian Government such as cuts in public expenditure, announcements of decrease in the Value Added Tax (VAT) and lessening of other taxes. Foreign investments will continue to depend on a moderate fiscal policy and Croatia will gain more confidence with its admission into the World Trade Organisation (WTO). Croatia, marked with DB5b is still on the ninth place on the list of 24 central and eastern European countries, but April's report of Dun&Bradstreet in
ZAGREB, April 6 (Hina) - A profile of risks about investments in
Croatia improved for the first time in the last two years, and it
directly indicates how the current rating of Croatia is moving
upward, Dun&Bradstreet (D&B) reported on Thursday.
This leading agency in providing business information services,
assesses in its report issued for April that the improvement has
been caused by moves made by the new Croatian Government such as
cuts in public expenditure, announcements of decrease in the Value
Added Tax (VAT) and lessening of other taxes.
Foreign investments will continue to depend on a moderate fiscal
policy and Croatia will gain more confidence with its admission
into the World Trade Organisation (WTO).
Croatia, marked with DB5b is still on the ninth place on the list of
24 central and eastern European countries, but April's report of
Dun&Bradstreet includes also an arrow showing the direction upward
which means that the profile of risks for foreign investment in
Croatia has been more positive than before. Hungary and Slovenia
are at the top of the standings with DB3a mark, while Albania and
Yugoslavia are at the bottom with DB7 mark.
(hina) mm ms