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Bulletin: Mladic Arrest Contributes To Serbia's EU Integration Prospects And Underpins Sovereign Ratings May 11
Standard & Poors, May 2011
Abstract
LONDON (Standard & Poor's) May 26, 2011--Standard & Poor's Ratings Services said today that the arrest of the highest-ranking Yugoslav war crimes suspect still at large, Ratko Mladic, and his expected transfer to the UN war crimes tribunal in The Hague, has no immediate effect on the ratings and outlook on the Republic of Serbia (BB/Stable/B). Nevertheless, it represents a major positive step for Serbia's further EU integration and underpins the sovereign ratings on Serbia, in our view. As a result, we expect Serbia to become an EU candidate country by 2012. The improved political situation in Serbia under the current government in our view also reflects the emergence of a political consensus supportive of European integration, which we expect...
Companies mentioned in this report are: Serbia (Republic of)
Action: Bulletin
Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.
Research type: News
This product is a is a brief one-page announcement of no more than 500 words with a quote from the analyst. It is media and investor focused with no accompanying commentary article.
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