Moody’s raises Serbia to Ba3 on fiscal consolidation, shrinking debt – SeeNews
BELGRADE (Serbia), March 20 (SeeNews) – Moody’s Investors Service said it has upgraded Serbia’s long-term issuer and senior unsecured ratings to Ba3 from B1 and moved their outlook to “stable” from “positive”. The key drivers of the upgrade in Serbia’s senior unsecured and long-term issuer ratings are the country’s notable fiscal consolidation which has halted…