Fitch affirms Opole

Fitch Ratings said it affirmed the Polish city of Opole's national long-term rating at BBB(pol) with a stable outlook.

The rating reflects growing revenue from income taxes, low debt, rising capital expenditure and limited contingent liabilities, Fitch said.

However, it also takes into account a weak operating performance and high and fast-growing operating expenditure on social items, the agency said.

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