Mihály Varga: it is favorable that Fitch Ratings confirmed Hungary’s rating despite the war crisis
It is good that Fitch Ratings has confirmed Hungary’s classification despite the war crisis and European recession fears, and continues to recommend Hungary for investment with a stable outlook – wrote the Minister of Finance Mihály Varga on his Facebook page on Saturday morning.
The credit rating agency announced on Friday night that it has confirmed the “BBB” investment recommendation rating of Hungary’s foreign currency-denominated long-term public debt obligations with an unchanged stable outlook.
The Minister of Finance reminded that in recent months the prospects of the Czech Republic and Slovakia were also worsened by the credit rating agencies.
Related news
Companies can save significant amounts of money with a credit check
A credit check is a special financial analysis process, within…
Read more >
Economic recovery expected to be slow – latest DUIHK survey
The German-Hungarian Chamber of Commerce and Industry (DUIHK) presented its…
Read more >
New economic “action plan”: Is it realistic to further increase household loans?
An unfortunate consequence of the domestic housing crisis is that…
Read more >Related news
Why are parcel locker providers getting stuck? This data points to the reasons
Parcel terminals are becoming increasingly popular: this year, nearly three-quarters…
Read more >
Sustainability and health: the rise of plant-based dairy products in Hungary
In recent years, plant-based dairy alternatives have gained significant popularity…
Read more >
Milk and dairy products are becoming more expensive: what is behind the price increase?
The price of milk and dairy products has increased significantly…
Read more >
