Moody's affirms Hungary's rating but flags risks of fiscal slippage and loss of EU funds
4 Articles
4 Articles
Moody’s Reaffirms Hungary’s Credit Rating as Economy Shows Signs of Strength
Hungary has retained its investment-grade credit rating from Moody’s, according to a statement released by the Ministry for National Economy (NGM) early Saturday. The announcement confirms that, like other major credit rating agencies, Moody’s continues to consider Hungary a stable investment environment. The NGM pointed to several key indicators of economic stability: employment remains high, with nearly 4.7 million people working, while the nu…
Moody's affirms Hungary's rating but flags risks of fiscal slippage and loss of EU funds
Moody's has reaffirmed Hungary's sovereign credit rating at Baa2 with a negative outlook in its latest scheduled review on 30 May, keeping the country just one notch above the lowest investment-grade category.
The Hungarian National Bank made an announcement, so far patience has held out on a key issue - Mihály Varga has made important commitments.
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