ZAGREB, April 19 (Hina) - An international agency for business information and credit rating, Dun and Bradstreet (D&B), has granted Croatia DB5b credit rating, which is the same as the month before. DB5b rating puts Croatia in the
ninth place among 24 other countries in transition from central and eastern Europe, the D&B representative for Croatia, the Zagreb-based firm BonLine, reported on Monday. According to D&B official data, a decrease in industrial production, investment activities and export was reported in Croatia in the past several months. According to D&B, a drop n import was the result of Croatia's relatively tight fiscal and monetary policy. Although the short term investment risk environment in Croatia is stable, a slowing economy and an uncertain political outlook mean that the country's indicator remains at DB5b. On the rating scale for east-European countries, Slovenia is
ZAGREB, April 19 (Hina) - An international agency for business
information and credit rating, Dun and Bradstreet (D&B), has
granted Croatia DB5b credit rating, which is the same as the month
before.
DB5b rating puts Croatia in the ninth place among 24 other countries
in transition from central and eastern Europe, the D&B
representative for Croatia, the Zagreb-based firm BonLine,
reported on Monday.
According to D&B official data, a decrease in industrial
production, investment activities and export was reported in
Croatia in the past several months. According to D&B, a drop n
import was the result of Croatia's relatively tight fiscal and
monetary policy.
Although the short term investment risk environment in Croatia is
stable, a slowing economy and an uncertain political outlook mean
that the country's indicator remains at DB5b.
On the rating scale for east-European countries, Slovenia is still
placed first with the rating DB3a, and is followed by the Czech
Republic, Hungary and Poland with the rating DB3b. Estonia follows
with DB4c rating, while Latvia, Lithuania and Slovakia have been
granted DB4d rating.
Croatia and Romania rank ninth, and are followed by Bulgaria and
Kazakhstan with the rating DB5c.
(hina) it/rml