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Fitch revises Hungary's outlook to 'stable'

Summary by Europe Says
(Reuters) – Credit ratings agency Fitch on Friday revised its outlook on Hungary to “stable” from “negative,” citing…

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In its rating on Friday, Fitch Ratings continues to recommend Hungary for investment, and has upgraded the outlook to stable, i.e. Hungary has received a positive confirmation from the credit rating agency. With Moody's last week and Standard and Poor's confirming rating in October, the three largest credit rating agencies continue to unanimously recommend our country for investment, which reflects unbroken trust. Fitch's decision also points ou…

·Budapest, Hungary
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Lean Left

Fitch Ratings upgraded the negative outlook to stable.

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The National Bank of Hungary maintained a tight monetary policy stance, while the government took steps to reduce the primary deficit from 2023

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Fitch revised Hungary's country rating from "negative" to "stable", citing the reduction of macroeconomic imbalances thanks to better coherence between fiscal and monetary policies.

·Romania
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One of the most prestigious credit rating agencies sees an improving trend in the Hungarian economy.

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Index broke the news in Budapest, Hungary on Friday, December 6, 2024.
Sources are mostly out of (0)