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Fitch affirms Croatia's BBB- long-term credit rating, expects GDP to drop by 9%

Author: Roberta Mlinarić

ZAGREB, Dec 5 (Hina) - Fitch Ratings on Friday affirmed Croatia's long-term foreign-currency issuer default rating (IDR) at BBB-, assessing the outlook as stable and noting that it expects gradual recovery from the coronavirus crisis with the help of EU funds as well as that limited capacity to absorb EU money poses a problem.

(Hina) rml

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