News in Brief
Fitch & S+P both affirm Hungary's 'BBB' sovereign rating with stable outlooks
Fitch Ratings and S+P Global Ratings both affirmed Hungary’s ‘BBB’ sovereign ratings with stable outlooks at scheduled reviews on Friday.
Standard & Poor's
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News in Brief
S&P and Fitch Ratings both affirm Hungary's strong economy
S&P revised the outlook on its rating for Hungary from ‘stable’ to ‘positive’.
News in Brief
Standard and Poor’s to review Hungary’s sovereign credit rating
Standard and Poor’s is not the only credit rating agency to have already posted positive projections for Hungary’s economy. All three major rating agencies currently have Hungary’s sovereign rating at...
News in Brief
Hungary could receive an upgrade of its sovereign rating next week
National Bank of Hungary (NBH) deputy governor Márton Nagy said the upgrade is expected when Standard & Poor’s review is next scheduled
News in Brief
Standard and Poor’s upgrades Hungary’s credit rating outlook from 'stable' to 'positive'
Standard and Poor's believes Hungary’s real GDP growth for 2017 “will approach 3.5 percent”
News in Brief
JCRA upgrades Hungary's credit rating making it the fourth major agency to do so in just one year
The news comes after three of the most influential credit rating agencies in the world upgraded Hungary's rating in 2016. Fitch was the first to upgrade Hungary to investment grade in May, followed by S&P in September then Moody's in November
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With another credit rating upgrade for Hungary no more talk of “unorthodoxy”
In Thursday’s print edition of the Financial Times, following Standard and Poor’s decision to restore Hungary’s credit rating to investment grade, a commentator praises Prime Minister Orbán’s “economic miracle.” Once a staunch critic of Hungary’s “unorthodox” measures to restore its technically bankrupt economy, the British daily’s admiration is the first sign that S&P’s move closes an era of doubts over whether Hungarian reforms are working.
News in Brief
'Orbanomics' is paying off for Hungarians
Two of the three main credit agencies upgraded Hungary to investment grade this year, recognizing for the first time that Orbanomics is working
News in Brief
Hungary upgraded by leading rating agency
Standard & Poor's has raised Hungary's rating by one notch to BBB- from BB+ and has lifted the country out of 'junk status'