ZAGREB, 16 July 2022 - Prime Minister Andrej Plenković said on Saturday that the upgrade of Croatia's credit rating by all the three major credit rating agencies was a consequence of Croatia's admission to the euro area on 1 January 2023, which is also an important signal to investors.
"The upgrade of our credit rating by the Standard & Poor's, Fitch and Moody's agencies is a consequence of Croatia's euro zone membership, which also provides security to Croatian citizens in times of crisis. Croatia's highest investment rating so far in history is a message of trust and an important signal to investors. The direction we are moving brings about results for Croatia," Plenković tweeted.
On Friday, Moody's upgraded Croatia's rating by two notches to"Baa2", after on Wednesday and Thursday, Fitch and Standard & Poor's raised Croatia's credit rating to BBB+ each.
