Moody's Upgrades Croatia's Credit Rating After S&P and Fitch Improvements

In a significant development, Moody’s Investors Service has elevated Croatia's long-term credit rating by two notches owing to the country's robust economic prospects and commitment to prudent fiscal management.

Details of the Rating Upgrade

The credit rating for Croatia has progressed from Baa2 to A3, as per the announcement made by Moody’s late on Friday. This adjustment also involves changing the rating perspective from positive to stable.