Fitch affirms Szczecin

Fitch Ratings said it affirmed the Polish city of Szczecin's long-term foreign- and local-currency ratings at BBB+ and its short-term foreign-currency rating at F2.

The outlook is stable.

Ratings reflect the city's currently sound operating performance, good strategic and financial management, and control over current expenditure, the agency said.

Ratings also consider the high pressure to increase direct and indirect debt, the agency noted.

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