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Moody's upgrades Croatia's credit rating following ERM II entry

Author: Vojo Micak

ZAGREB, Nov 14 (Hina) - Moody's credit rating agency has upgraded Croatia's rating to Ba1 from Ba2 and changed the outlook to stable from positive, citing enhanced institutional capacity and policymaking as the country enters a critical phase of euro area accession and reduced exposure to foreign-currency debt risk.

(Hina) vm

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