Fitch affirms Myslenice

Fitch Ratings said it affirmed the Myslenice's national long-term rating at BBB(pol) with a positive outlook.

The rating reflects Myslenice's good operating performance and its proximity to the City of Cracow, which helps to support the development of the municipality's tax base, the agency said.

The rating considers the expected slowdown in the national economy and lower personal income tax rates, which may hurt Myslenice's operating results, if not counteracted by lower operating expenditure, Fitch said.

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