Fitch Ratings gives a devastating outlook for Hungary's economy: low GDP growth, high inflation
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Fitch Ratings has issued a verdict.
Csaba Lentner, economist at the National University of Public Service, commented on the latest credit rating news.
Fitch Ratings gives a devastating outlook for Hungary's economy: low GDP growth, high inflation
Fitch Ratings has affirmed Hungary’s sovereign rating with a stable outlook, the National Economy Ministry told MTI late Friday. However, the American credit rating agency gave a gloomy outlook for the Hungarian economy’s GDP growth and the expected inflation rate, contrary to the Orbán cabinet’s figures. All three big rating agencies put Hungary in the investment grade category, the ministry said. According to hvg.hu, despite the Hungarian gove…
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