Croa­t­ian govt: Credit out­look en­cour­ag­ing

China Daily (Hong Kong) - - BUSINESS -

Croa­t­ian Fi­nance Min­is­ter Zdravko Maric said that it was pos­i­tive news that a lead­ing rat­ings agency up­graded the out­look for Croa­tia’s credit rat­ing and he pledged fur­ther struc­tural re­forms. Stan­dard & Poor’s said Croa­tia’s long-term credit rat­ing re­mained at “BB” and short-term credit rat­ing “B”, but the rat­ing agency up­graded the out­look from neg­a­tive to sta­ble. This was the first im­prove­ment of Croa­tia’s credit rat­ing in nine years and it should cer­tainly be seen pos­i­tively, said Maric.

ZHANG WENKUI / FOR CHINA DAILY

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