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A:
Republic of Serbia granted international credit rating
Belgrade,
1 November 2004
Serbian Minister of Finance Mladjan Dinkic said that Serbia was granted an international credit rating after repaying a $40 million debt to the London Club of Creditors today.
Mladjan Dinkic
Dinkic told a press conference that this credit rating has gained Serbia access to the investment map of Europe and the world, adding that it will be the first basis for calculation of the country’s credit risk and reduction of interest rates in the future.
According to Dinkic, Serbia’s credit rating is B plus, which makes it equal to that of the Ukraine; Turkey held that rating until August 2004. Bosnia-Herzegovina has a lower country credit rating, while of the neighbouring countries, only Montenegro and Albania do not have the credit rating.
According to Dinkic, Serbia’s credit rating is B plus, which makes it equal to that of the Ukraine; Turkey held that rating until August 2004. Bosnia-Herzegovina has a lower country credit rating, while of the neighbouring countries, only Montenegro and Albania do not have the credit rating.
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