Fitch and S&P upgrade Serbia’s sovereign credit ratings on improving fiscal metrics
Emerging Markets Special Focus Reports
19 Δεκεμβρίου 2017
Γαλάτεια Φωκά, Ερευνήτρια Οικονομολόγος της Eurobank Ivan Radovic, Head of Strategy and Market Research, Eurobank a.d. Beograd
In line with our expectations, S&P upgraded on December 15th its long-term foreign and local currency sovereign credit ratings on Serbia at “BB” from “BB-”, with stable outlook and affirmed the “B” short-term foreign and local currency sovereign credit ratings. In a similar move on Friday, Fitch also revised upwards Serbia’s Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDR) at 'BB' with a Stable Outlook.