Trademagazin > News and articles > Market News > Credit rating agencies did not change their Hungarian debt rating
Credit rating agencies did not change their Hungarian debt rating
Two major credit rating agencies, Fitch Ratings and Standard & Poor’s, also announced the results of their last scheduled review of the Hungarian debt rating this year, in which the existing categorization recommended for investment was retained – napi.hu wrote. Seeing the effects of the coronavirus, it cannot be ruled out that there will be extraordinary credit rating steps in the near future, S&P has already taken an unfavorable step in the spring.
Two of the three major credit rating agencies have handed down judgments that justify fundamentally favorable scenarios for the Hungarian economy, despite the historical economic downturn there are basically favorable scenarios for the Hungarian economy. (Rácz Gergő, napi.hu)
Related news
Fitch Ratings downgrades Wizz Air’s holding company
Fitch Ratings has downgraded the holding company of Wizz Air.…
Read more >Consumption drives the economy
According to the latest forecast by the Balance Institute, the…
Read more >Fitch: Global economy recovering as tariff war eases – China and US may drive growth
Fitch Ratings expects stronger-than-expected economic performance in 2025: according to…
Read more >
More related news >
Related news
Margin stop may remain in place after the end of November
As we also reported, the government has extended the margin…
Read more >A new tender will help food processing: a twenty billion forint budget will be opened in the fall
The aim of the new HUF 20 billion grant scheme,…
Read more >These are the region’s favorite pastries: pizza minis, cheese scones, hot dogs
Among Hungarians, cheese scones are the hit among delicatessen buyers,…
Read more >