Stavreski: Fitch’s confirmation of credit ratings, precursor for new foreign investments in the country
For the Deputy Prime Minister and Finance Minister, Zoran Stavreski the confirmation of Macedonia's credit rating by Fitch is a clear signal to investors that the Republic of Macedonia is a stable country with quality economic policies and will allow having a relatively better conditions and lower interest rates on the capital market.
- Confirmation is important because of two things. First, it is a clear signal to investors that the Republic of Macedonia is a stable country with quality economic policies and secondly, that our future contacts with banks in the capital market will enable relatively better terms and lower interest rates, because there are only a few countries in Europe in such an environment that possess a confirmed credit rating by Fitch or Standard & Poor's said Stavreski, adding that in the last two months, only four or five surrounding countries had a reduced credit rating and were judged to be riskier.
The Agency Fitch confirmed Macedonia's credit rating to BB +.