July 15, 2022

Fitch raised Croatia’s investment rating: “BBB+” with a stable outlook

On Wednesday, July 13, 2022, Fitch Ratings in an extraordinary assessment raised Croatia’s credit rating by one level, to “BBB+”, with a stable outlook.

An important argument for raising the rating is the completion of Croatia’s admission to the euro area. The regular review of the rating is, by the way, scheduled for November 28. The confirmation of Croatia’s entry into the euro area was assessed as a situation of exceptional importance with significant material changes, and as a result, a decision was made for an extraordinary rating increase.