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PRESIDENT MESIC MEETS JAPANESE CREDIT RATING AGENCY REPS

ZAGREB, June 6 (Hina) - Croatian President Stipe Mesic on Tuesday held talks with representatives of Japan's leading credit rating evaluation agency, the Japan Rating and Investment Information (R&I). The agency's representatives are in Croatia to see if the BBB rating given Croatia, which represents one criteria for the evaluation of conditions of Croatia's indebtedness on the international financial market, is consistent with the economic situation. We think the worst period for Croatia's economy is over, Zhu Jiang, R&I's executive analyst for Central and East Europe, told reporters after the talks with President Mesic. He added the new Croatian government was attempting to carry out reforms in all areas of the economy, and that R&I believed the reforms would succeed. Asked by the press if there were Japanese investors interested in Croatia's economy, Jiang said Japanese comp
ZAGREB, June 6 (Hina) - Croatian President Stipe Mesic on Tuesday held talks with representatives of Japan's leading credit rating evaluation agency, the Japan Rating and Investment Information (R&I). The agency's representatives are in Croatia to see if the BBB rating given Croatia, which represents one criteria for the evaluation of conditions of Croatia's indebtedness on the international financial market, is consistent with the economic situation. We think the worst period for Croatia's economy is over, Zhu Jiang, R&I's executive analyst for Central and East Europe, told reporters after the talks with President Mesic. He added the new Croatian government was attempting to carry out reforms in all areas of the economy, and that R&I believed the reforms would succeed. Asked by the press if there were Japanese investors interested in Croatia's economy, Jiang said Japanese companies were very interested in investing in transition countries, like Croatia. Jiang added Croatia would have an opportunity to present its economic potentials in Tokyo very soon. (hina) ha mm

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