Moody’s upgrade ‘in November’
Moody’s decision to postpone a review of Hungary’s sovereign rating last Friday may have been a disappointment but the ratings agency could still put the country back into investment grade[…]
Tagged: Moody’s
Fitch upgrade well earned: Varga
Economy minister attributes success to six years of Fidesz
An upgrade of Hungary back to investment grade by ratings agency Fitch is a result of economic reforms the government started in 2010, Minister of National Economy Mihály Varga has[…]
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Moody’s maintains Hungary’s junk rating
International ratings agency Moody’s has declined to update Hungary’s sovereign rating and still classifies it as “Ba1”, one notch below investment grade. Péter Duronelly, portfolio manager at Aegon Fund Management,[…]
Rating agencies set schedules
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[…]
Rating remains one notch below
Standard & Poor’s affirms Hungary’s junk status
Standard & Poor’s Ratings Services has affirmed Hungary’s junk rating at “BB plus”, with “stable” outlook, in a scheduled review that confounded some analysts’ expectation of a raise in the[…]
Moody’s hints at upgrade
Moody’s would consider upgrading Hungary’s government bond rating if there were signs of policy-supported, sustained growth prospects and declining government debt, the ratings agency has said. In its annual update,[…]
Moody’s keeps poor rating
Rating agency Moody’s has left untouched the “stable” outlook of Hungary’s “Ba1” sovereign long-term foreign and domestic issuer rating, one notch under investment grade. Most analysts had expected an upgrade[…]
Hungary credit outlook set to improve: City
The recent improvement in growth and external metrics, together with better prospects for the banking system, have brought Hungary closer to investment grade status, London-based emerging markets analysts have said.[…]
The Brief History of the Week
The news that made headlines
The Budapest Times is unrivalled among English-language print publications in the capital for its coverage of the week’s most important national stories, whether they be economic, political, cultural, sporting or[…]
Moody’s sees double hit for banks in FX issue
Hungary’s new bill to assist foreign-currency borrowers is negative in terms of banks’ credit ratings, Moody’s said this week. Banks are expected to have to pay up to EUR 2.6[…]
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