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S&P places Petrol on credit watch over fuel prices regulation

Ljubljana, 21 July - The ratings firm Standard & Poor's (S&P) has placed Petrol, Slovenia's motor fuel market leader, on credit watch with a negative outlook after the government intervened on the motor fuel market. This could lead to a downgrade in the company's credit rating by one notch from BBB- to BB+ in the coming months.

Ljubljana
A filling station operated by fuel retailer Petrol
Photo: Tamino Petelinšek/STA

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