MACEDONIA'S LONG-TERM CREDIT RATINGS IMPROVE
admin1 – August 15, 2007 – 2:16pm

Fitch Ratings changed Tuesday Macedonia's long-term foreign and local currency ratings of 'BB+ ' with Stable Outlook into 'BB+' with Positive Outlook, the Ministry of Finance announced.

The agency confirmed the short-term foreign currency ratings of 'B' and the country's ceiling of 'BBB-', which are the highest ratings before Macedonia receives its investment ratings.