Hungary Rated Stable
Hungary Rated Stable

Hungary Rated Stable

Hungary Rated Stable

Standard & Poor?s Global Ratings said it has affirmed Hungary?s long and short-term foreign and local currency sovereign credit ratings at ?BBB-/A-3?, Hungarian news agency MTI reported. The outlook is stable, S&P said. “Hungary?s substantial external surpluses and its track record of fiscal restraint support the sovereign ratings,” S&P said. “Moderate long-term growth prospects, high public debt, and an impaired monetary transmission mechanism are key constraints on the ratings,” it added. S&P sees Hungary?s real GDP growth picking up slightly to about 3.0% in 2017, before moderating to just under 2.5% on average in 2018-2020.

Short URL : https://goo.gl/q5eGrI
  1. https://goo.gl/i1Rg1s
  • https://goo.gl/EdAWX7
  • https://goo.gl/ygSFjK
  • https://goo.gl/rn64zo
  • https://goo.gl/zNq6O6

You can also read ...

The expected increase in the squeeze on living standards comes as the weak pound pushes up the cost of imported  fuel, food and raw materials.
All eyes will turn Tuesday to Britain’s consumer price index...
The eurozone economy has enjoyed a surprisingly strong 2017.
Exports of goods from the eurozone jumped in August,...
Increase in China Factory Price Inflation
China’s factory price inflation rose again in September,...
World Bank says another $500 billion in infrastructure spending is needed over the next five years.
Indonesia is on track to become a trillion-dollar economy and...
Russia FDI Almost Doubles
The volume of foreign direct investment has almost doubled in...
Japan Factory Output Up
Japan’s industrial production increased less than initially...
Bulgaria Risks Higher Inflation
Real wage growth in Bulgaria has been exceeding productivity...
Venezuela Needs $30b a Year to Rescue Economy
The International Monetary Fund calculates a potential rescue...

Add new comment

Read our comment policy before posting your viewpoints

Enter the characters shown in the image.