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.
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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
Leading credit agency says Fidesz win means strong growth this year
Fitch Ratings, one of the ‘big three’ credit rating agencies, has said the ruling alliance’s sweeping win will ensure economic policy continuity
News in Brief
Fitch Ratings Affirms Hungary at ‘BBB-‘ with 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
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Economic growth in Hungary more dynamic than in the West, Swiss daily says
Lately, Central Europe has become the driving force behind the European Union’s economic development. In the third quarter of this year, the EU’s economy expanded by 2.5 percent while Hungary’s GDP grew by 3.6 percent, and the V4 as a whole have been out-performing much of the rest of the EU.
News in Brief
Fitch Ratings has revised Hungary’s economic outlook from ‘stable’ to ‘positive’
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
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
News in Brief
Hungarian banks receive Fitch Ratings upgrade
The upgrades reflect the improved ability of the government to provide extraordinary support
News in Brief
Hungary's financial rating upgraded to investment grade
Fitch became the first to improve Hungary’s sovereign debt rating from “junk" status to “investment grade”