Budapest Business Journal
Fitch Ratings affirmed Hungary's 'BBB' sovereign rating with a negative outlook at a scheduled review on Friday, according to a report by state news wire MTI.
"Hungary's ratings are supported by strong structural indicators relative to 'BBB' peers, investment-fuelled economic growth and solid net FDI inflows. These are balanced against high public debt relative to peers, a record of unorthodox policy moves, and a worsening of governance indicators in recent years to closer to the 'BBB' median," Fitch said.
