PM: Moody’s continues to recommend Hungary for investment

Despite the war raging next door and the weakness of the European economy, all three major credit rating agencies recommend Hungary for investment, and they maintain a rating two notches higher than a decade ago – the statement said.

Highlighted: After the favorable credit ratings of recent weeks – R&I, Scope Ratings and Standard & Poor’s – Moody’s also confirmed Hungary’s investment-grade Baa2 rating, changing the previously stable outlook to negative. The credit rating agency expects the Hungarian economy to grow stronger, expecting an expansion of around 2 percent next year and 3 percent between 2026 and 2028. Moody’s also positively assesses the decreasing inflation and the further reduction of public debt.

They recalled that Hungary was not recommended for investment, was placed in the junk category by several credit rating agencies due to the economic failure of the previous government, and then, as a result of the successful economic policy of the national government, several upgrades took place starting in 2016/2017.

It is thanks to the work of the past decade that after more than 20 credit rating assessments conducted since the outbreak of the Russian-Ukrainian war, every credit rating agency has kept Hungary in the investment category every time – the statement reads.