Major credit rating agencies will start assessing Hungary in March, their new schedules show. First will be Moody’s on March 4, followed by scheduled dates on July 8 and November 4. Standard & Poor’s will revisit Hungary’s sovereign rating on March 18 and September 16. Fitch Ratings will follow suit on May 20 and November 18. European Union rules mandate rating agencies to pre-publish schedules for EU member countries. Only extraordinary events can warrant extra-schedule decisions. The schedules do not mean that ratings or outlooks would necessarily be modified at any of the pre-published dates, the agencies said earlier. Hungary’s government and some analysts have been expecting an upgrade back to investment level from junk since more than a year, but have been disappointed every time.
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