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Moody's downgrades Croatian rating to Ba1

Autor: half
ZAGREB, Feb 1 (Hina) - Moody's on Friday downgraded Croatia's credit rating to Ba1 from Baa3, citing poor economic growth prospects and a lack of the government's fiscal flexibility.

The agency also changed the outlook on Croatia's rating from negative to stable, citing only a limited risk of a significant deterioration of the government's fiscal position and debt.

(Hina) ha

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