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Fitch lifts Opole
Fitch Ratings said it has upgraded the Polish City of Opole's long-term national rating to BBB+(pol) from BBB(pol).
The outlook is stable.
Fitch said that the upgrade reflects the city's improved financial management, prudent debt policy and good debt service ratios, while the rating factors in the satisfactory, albeit slightly volatile, operating performance, low indirect risk and well-diversified local economy.
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