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Fitch affirms Croatia's rating at 'BB' with stable outlook

Author: Marija Šestan

ZAGREB, July 15 (Hina) - Fitch Ratings on Friday affirmed Croatia's Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDR) at 'BB' with a stable outlook, noting that Croatia's economy is benefiting from favourable cyclical conditions, however, the country's "economic performance will be affected by the restructuring of the country's largest private company, Agrokor."

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