Fitch Ratings said on Thursday, March 28, it has assigned a 'BBB-'rating to Croatia’s newly issued Eurobond worth USD 1.5bn. The ten-year bond has a coupon of 5.5% and is due 4 April 2023. Fitch said in a short note the rating is in line with the sovereign’s long-term rating, which has a negative outlook and was affirmed in November 2012. The rating of the Eurobond is therefore is sensitive to any changes in the sovereign rating.
The Croatian state attorney’s county office in Osijek has launched a probe against footballer Luka Modric for ... more
The EU's Economic and Financial Affairs Council (ECOFIN) closed excessive deficit procedures (EDP) for Croatia and Portugal at a meeting in Luxembourg on June 16, ... more
Croatian footballer Luka Modric attended a court hearing on June 13 to testify as a witness in a corruption case concerning football club Dinamo Zagreb. Modric claimed at the hearing that he had ... more