Standard & Poor’s Upgrades Albania’s Credit Rating to ‘BB’ with Stable Outlook

Standard & Poor’s Upgrades Albania’s Credit Rating to ‘BB’ with Stable Outlook

International credit rating agency Standard & Poor’s (S&P) has upgraded Albania’s credit rating from "BB-" to "BB", accompanied by a stable outlook. This positive shift reflects Albania’s strengthening economic and fiscal performance over recent years, positioning the country more favorably to attract foreign investments, Albanian state agency AIDA reports. Economic Strength and Debt Reduction A key factor behind the upgrade is the significant r…