News in Brief
Fitch Ratings affirm Hungary's investment-grade sovereign rating
The National Economy Ministry said in a statement that the Fitch action shows the underlying fundamentals of the Hungarian economy are stable.
The National Economy Ministry said in a statement that the Fitch action shows the underlying fundamentals of the Hungarian economy are stable.
The finance minister said Hungary's sovereign rating is two notches higher than it was ten years earlier.
Finance Minister Mihály Varga said that in spite of the ongoing crisis caused by the war, credit rating agencies Standard & Poor’s and Fitch Ratings had both affirmed Hungary’s investment-grade...
Hungary ended 2021 with investment grade status from all three major credit rating agencies.
Fitch became the first to improve Hungary’s sovereign debt rating from “junk" status to “investment grade”