Moody’s downgrades Croatia’s government bond rating; outlook stable

Moody’s Investors Service has today downgraded Croatia’s government bond rating to Ba1 from Baa3. Moody’s has also changed the outlook to stable from negative. Today’s rating action was prompted by the following factors: (1) The absence of an economic recovery in Croatia and Moody’s expectatio…

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Moody’s downgrades Croatia’s government bond rating; outlook stable

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