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Fitch affirms Croatia s credit rating at BBB- , outlook stable Fitch (Author: fitchratings.com) License: all rights reserved. ZAGREB (Croatia), May 25 (SeeNews) - Fitch Ratings said it affirmed Croatia s long-term foreign-currency Issuer Default Rating (IDR) at BBB- with a stable outlook. Fitch sees Croatia s economy growing by 5.5% in 2021, subject to the expected recovery of the tourism sector by at around two-thirds of its pre-pandemic level, it said in a statement last week. The global ratings agency also said: KEY RATING DRIVERS Croatia s ratings balance strong structural features, including higher human development, governance indicators and GDP per capita than peers, with high public sector debt and a record of low GDP growth, partly due to the slow adoption of structural reforms. The Stable Outlook weighs large short-term downside risks related to pandemic developments against stronger medium-term growth prospects linked to substantial EU fund supp

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