3 ms·
The improved credit profile is due to the positives of have the same currency as your major economic partners, also because Croatia cannot unilaterally devalue
by dkjaudyeqooe 4y ago
The improved credit profile is due to the positives of have the same currency as your major economic partners, also because Croatia cannot unilaterally devalue the euro.
Croatia has a good credit rating because it's shown fiscal restraint, but for the given good work it's done on it's fiscal position, it's now getting an even lower rate.If Croatians started acting like Greece, that wouldn't be the case. Investors have learned their lesson.