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INT CREDIT RATING AGENCY ENVISAGES 1% GROWTH IN CROATIA'S GNP

ZAGREB, May 19 (Hina) - NATO strikes against neighbouring Yugoslavia will significantly affect the economies of Croatia and other neighbouring countries, the Dun & Bradstreet (D&B) international agency, which deals in business information and credit rating, recently reported. Despite this, the agency gave Croatia an unaltered DB5b rating for May, Zagreb company Bonline said on Wednesday. The unaltered rating ranks Croatia ninth among 24 countries in transition in central and eastern Europe. D&B assesses the Yugoslav crisis will especially affect Croatia's tourism, which only last year started recovering from the consequences of the Serbian aggression on Croatia earlier this decade. Adding the general slowing down in economic activities, D&B changed its earlier estimate of the real growth of Croatia's gross national product from 2.8 percent to one percent, and envis
ZAGREB, May 19 (Hina) - NATO strikes against neighbouring Yugoslavia will significantly affect the economies of Croatia and other neighbouring countries, the Dun & Bradstreet (D&B) international agency, which deals in business information and credit rating, recently reported. Despite this, the agency gave Croatia an unaltered DB5b rating for May, Zagreb company Bonline said on Wednesday. The unaltered rating ranks Croatia ninth among 24 countries in transition in central and eastern Europe. D&B assesses the Yugoslav crisis will especially affect Croatia's tourism, which only last year started recovering from the consequences of the Serbian aggression on Croatia earlier this decade. Adding the general slowing down in economic activities, D&B changed its earlier estimate of the real growth of Croatia's gross national product from 2.8 percent to one percent, and envisages a growth in the unemployment rate which is believed to reach 19.7 percent this year. (hina) ha

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