Announcements
Drinks
28/6/2019 Rating announcement EN
Scope upgrades Croatia’s long-term credit rating to BBB- from BB+, and assigns a Stable Outlook
Improvements in Croatia’s fiscal performance and budgetary framework alongside strengthened external buffers drive the upgrade. High public debt and foreign-currency exposure, low potential growth and institutional weaknesses remain constraints.
27/7/2018 Rating announcement EN
Scope upgrades Croatia’s long-term credit rating to BB+ from BB, with Stable Outlook
The concluded Agrokor debt settlement, Croatia’s improved budgetary performance and strengthening external position drive the upgrade. High public debt and foreign-currency exposure, low potential growth and institutional weaknesses are constraints.
1/9/2017 Rating announcement EN
Scope confirms and publishes Croatia’s BB credit rating and changes Outlook to Stable
The rating is supported by Croatia’s EU membership, a moderate recovery and reduced fiscal deficits. Low growth potential, high public, private and external debt levels as well as institutional shortcomings are constraints.
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