US EditionBenefits of any US support hard to gauge for Hungary's rating, Fitch says
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4 Articles
Benefits of any US support hard to gauge for Hungary's rating, Fitch says
LONDON/BUDAPEST - The benefit to Hungary's credit rating of any potential U.S. financial backstop package remains difficult to factor in, Fitch has said, and should be unnecessary given the country's uninterrupted access to borrowing markets. Read more at straitstimes.com.
According to the head of Fitch Ratings, the larger-than-expected increase in the Hungarian budget deficit has not deterred the markets so far, and the country's BBB rating remains with a stable outlook.
The benefit to Hungary's credit rating from any potential US financial support package remains difficult to quantify, Fitch said, and should be unnecessary... Fitch: Difficult to assess benefits of any US support for Hungary's rating - ΙΝΑΦΤΕΜΟΠΟΡΙΚΙ
Benefits of any US support hard to gauge for Hungary’s rating, Fitch says - Regional Media News
By Marc Jones and Gergely Szakacs LONDON/BUDAPEST (Reuters) -The benefit to Hungary's credit rating of any potential U.S. financial backstop package remains difficult to factor in, Fitch has said, and should be unnecessary given the country's uninterrupted access to borrowing markets. Erich Arispe, Head of Emerging Europe Sovereign Ratings at Fitch, also said last week's increase in Budapest's deficit forecast had been bigger than expected, but …
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