HUNGARY today
Standard & Poor’s has reaffirmed its ‘BBB-‘ rating for Hungary and continues to recommend Hungary for investment with an unchanged stable outlook. The Ministry of Finance’s statement sent to MTI on Friday evening recalled that two weeks ago, Fitch Ratings made a similar affirmative decision, maintaining Hungary in the investment grade despite the war crisis. This shows that the rating agencies remain confident in the Hungarian economy and appreciate the government’s measures to improve balance indicators, they pointed out.