Serbia’s credit ratings to improve?
Standard & Poor's Ratings Services affirmed Serbia’s BB long-term and B short-term credit ratings.
Friday, 27.04.2007.
16:21
Serbia’s credit ratings to improve?
The ratings were supported by strong GDP growth of 5-6 percent, large scale direct foreign investment, increased exports, the declining government debt, the budget surplus in 2006, and inflation figures expected to be at 7 percent this year.The agency said Serbia’s credit ratings were confirmed with by good macroeconomic prospects, but added that it remains conditioned with the delay in Stabilization and Association Agreement talks (SAA), unsolved Kosovo status and possible failure to form the government.
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