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S&P Upgrades Croatia’s Credit Rating to ‘A-’ Amid Strong European Integration and Economic Growth - The Dubrovnik Times

Summary by The Dubrovnik Times
On Friday, Standard & Poor’s raised Croatia's long-term credit rating from ‘BBB+’ to ‘A-’, with a positive outlook, highlighting that deeper integration with European and global partners has spurred reforms and resulted in broader institutional improve-ments. The ‘A’ rating signals strong capacity to meet financial obligations, with a certain degree of vulnerability to economic conditions and changes, reports HINA. S&P notes that the rating upgr…
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