ZAGREB, July 7, 2018 - Fitch Ratings has affirmed Croatia's long-term foreign-currency Issuer Default Rating (IDR) at 'BB+' and revised the country's outlook to positive from stable on the grounds of a budget surplus and steady economic growth.

ZAGREB, March 24, 2018 - Prime Minister Andrej Plenković told Hina that Standard & Poor's decision to rise Croatia's credit rating was very good news, particularly the agency's very positive assessment of tax reforms and announced further implementation of structural reforms.

ZAGREB, March 24, 2018 - The Standard & Poor's (S&P) agency reported on Friday that it had raised its long-term foreign and local currency sovereign credit ratings on Croatia to 'BB+' from 'BB'.

ZAGREB, March 16, 2018 - Croatia's (Ba2 stable) credit profile balances its fiscal consolidation and EU membership supporting the strengthening of institutions against credit challenges which include the economy's weak potential growth and the government's slow pace of structural reform, reflected in weak absorption of European Union structural funds, Moody's Investors Service said in a report on Thursday.

ZAGREB, January 18, 2018 - Prime Minister Andrej Plenković said on Thursday that the decision by the Fitch agency to upgrade Croatia's credit rating from 'BB' to 'BB+' was an encouraging message and expressed hope that the other major credit rating agencies would also upgrade the country's rating.

This is the first upgrade of Croatia’s credit rating since 2004.

After many years of downgrading, the trend could finally be reversed.

Finance Minister Marić is an optimist.

Deputy Prime Minister Dalić believes that credit rating agencies are too cautious.

Fitch has kept Croatia's rating at BB, with a stable outlook.