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
The economic well-being of the population improved significantly in August, according to Századvég
According to the August 2025 survey by Századvég Konjunktúrakutató Zrt.,…
Read more >German business sentiment improved in August, ifo survey finds
Business sentiment in Germany improved more strongly than analysts had…
Read more >KSH: investment performance decreased by 8.0 percent compared to a year earlier
The volume of investments in the second quarter of 2025,…
Read more >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 >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 >Mars achieves another 1.9% absolute greenhouse gas emission reduction
Mars Incorporated has published its 2024 Sustainable in a Generation…
Read more >