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.
Croatia's opposition party Most, the third strongest party in parliament, filed a no-confidence motion against ... more
Slovenia has submitted a letter proposing a lawsuit against Croatia to the European Commission. The letter is the first step in Slovenia's plan to take Croatia to the EU's Court of Justice over ... more
Croatian Prime Minister Andrej Plenkovic has proposed former McKinsey consultant Fabris Perusko as the new crisis manager of troubled food and retail group Agrokor, the government ... more