Moody's Predicts a 1 for the Hungarian Economy This Year
Summary by Heti Világgazdaság
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Moody's Investors Service has affirmed Hungary's Baa2 debt rating but maintained a negative outlook. The credit rating agency said the biggest risks are the potential loss of EU funds and fiscal easing ahead of the 2026 elections.
Moody's expects growth of only 1 percent this year.
According to the international credit rating agency Moody's, Hungary could permanently lose most of its blocked EU funds. There are fears that the government will start an election campaign, while the economy will grow by only one percent this year. The credit rating was not downgraded, but the negative outlook for a downgrade has not changed.
·Hungary
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