Serbia Achieves Milestone with First-Ever Investment Rating

In what is seen as a historic move for the Balkans, Serbia won its first investment rating after the upgrade from S&P Global Ratings-a big milestone in the nation's economic journey. The credit rating agency announced on Friday that it had raised Serbia's rating on its sovereign bonds to 'BBB-', placing them at investment grade. This upgrade is a major vote of confidence in the prospects for Serbia's economy and financial management.

Continue reading