Standard & Poor's

S&P upgrades HEP power utility's rating

Standard & Poor's (S&P) on Friday upgraded the credit rating of Croatia's power utility HEP to BB from BB -, largely due to improved liquidity.

Standard & Poor's: Political instability in Croatia threatens recovery

Political instability in Croatia after the government lost a no-confidence vote last week is lamentable and could do fresh damage to its long-suffering economy, Reuters quoted an analyst of the rating agency Standard and Poor's (S&P) as saying on Tuesday.

S&P reaffirms Croatia's ratings, negative outlook

The credit rating agency Standard & Poor's on Friday affirmed its 'BB' long-term and 'B' short-term foreign and local currency sovereign credit ratings on Croatia. The outlook remained negative.