S+P affirms Hungary's investment grade rating
S+P Global Ratings affirmed its 'BBB-/A-3' long- and short-term foreign and local currency sovereign credit ratings on Hungary.
S+P Global Ratings affirmed its 'BBB-/A-3' long- and short-term foreign and local currency sovereign credit ratings on Hungary.
Moody’s projected Hungary’s GDP growth would reach 4.3 percent in 2018 and 3.4 percent in 2019
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...
National Bank of Hungary (NBH) deputy governor Márton Nagy said the upgrade is expected when Standard & Poor’s review is next scheduled
The review may surprise the finance industry by yet again boosting Hungary’s outlook. Moody’s has remained the only major rating agency with a stable outlook. Both S&P and Fitch have a positive outlook
Figures show that Hungary's real GDP growth picked up significantly in 2017 to 4.2 percent, reflecting a combination of favorable external environments
Scope Ratings GmbH has revised Hungary’s outlook to positive from stable on the country’s BBB sovereign rating
Standard & Poorʼs Global Ratings has affirmed Hungaryʼs "BBB-/A-3" long and short-term foreign and local currency sovereign credit ratings citing the government’s fiscal discipline.
Mihály Varga, minister for National Economy, said rating agencies have now joined market players, the European Commission and other international organizations in confirming that the Hungarian economy is on the right track
Standard and Poor's believes Hungary’s real GDP growth for 2017 “will approach 3.5 percent”
Hungary’s economy hit the ground running this year. The major indicators are trending positive and international investors have taken note. Signs of a strong recovery, however, do not mean we can rest. Instead, said Prime Minister Orbán, it means that it’s time to dream big.
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
The bank could maintain loose monetary conditions until 2018-2019