S&P Global Ratings affirmed its 'BBB-/A-3' long- and short-term foreign and local currency sovereign credit ratings on Hungary in a scheduled review, the outlook remains negative, MTI reports. "The negative outlook reflects our view of risks to Hungary's fiscal and economic stability over the next two years. Large budgetary deficits, high debt, and elevated interest […]

Analysis by GKI Economic Research suggests that while rating agencies monitored the Hungarian elections with intensified scrutiny, decisive judgment is improbable during the upcoming review cycle. Currently, Hungary’s sovereign debt is teetering near the lower boundary of the investment-grade category at all three major agencies — Fitch, Moody’s, and S&P — all of which maintain […]

On Friday evening, Fitch Ratings left Hungary's debt rating at BBB, but downgraded its stable outlook to negative. This concludes the series of reviews for 2025, with the major credit rating agencies expected to review Hungary again next spring, the business website portfolio.hu reports. The following factors are behind the rating and outlook: (1) Fitch […]