S&P Affirms Egypt's Credit Rating at "B-/B", Revised Outlook to Stable from Positive

According to the international credit rating agency, the budget deficit may be permanently above the government's original target, public debt may increase and access to EU funds is uncertain.

S&P Affirms Egypt's Credit Rating at "B-/B", Revised Outlook to Stable from Positive

S&P Global Ratings affirmed Egypt's credit rating at "B-/B" and revised its outlook to stable from positive.

S&P has revised its outlook on Hungary's debt rating from stable to negative, moving us one notch below investment grade.

This is the step before the downgrade, meaning Hungary is only one decision away from the non-investment category.

The S&P credit rating downgraded Hungary's outlook to negative, while strengthening the BBB rating, leaving the country only one step away from the category not recommended for investment. <a href="https://hvg.hu/gazdasag/20250411_sp-standard-and-poors-hitelminosites-2025-aprilis-ebx" target="_blank" rel="noopener">The rating agency sees slower than expected economic growth, high public debt and fiscal risks, HVG writes.</a>

Standard and Poor’s has revised the outlook on Hungary’s “BBB-” sovereign debt rating from stable to negative, bringing us one step closer to the non-investment grade. According to the Ministry of Finance, everything is fine.