Moody’s Just Reviewed Hungary’s Credit Rating – Here’s What They Said
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Moody's has once again affirmed Hungary's sovereign debt rating and, like other credit rating agencies, continues to recommend our country for investment, the Ministry of National Economy (NGM) told MTI on Saturday night.
Moody’s just reviewed Hungary’s credit rating – Here’s what they said
Moody’s Ratings affirmed Hungary’s investment-grade sovereign rating at a scheduled review on Friday, the National Economy Ministry said in a statement. Moody’s latest review All three big credit rating agencies put Hungary in the investment-grade category, thanks to the stable foundations of the country’s economy, the ministry said. Employment remains high, real wages are increasing dynamically and domestic tourism should have another record ye…
Moody's Investors Service confirmed Hungary's Baa2 debt rating, which has been in effect until now, with its decision late Friday evening. However, it is a warning sign that the negative outlook has also been maintained. The credit rating agency emphasizes in its statement that this current publication does not constitute a credit rating action, as the periodic review has now been concluded. The biggest risks identified were the final failure of…
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