• Home
• Channel: Finance
• S+P: Stable Outlook in Hungary

S+P: Stable Outlook in Hungary

• 16 Aug 2021 9:43 AM
• Hungary Matters

S+P Global Ratings affirmed Hungary’s ‘BBB’ sovereign rating with a stable outlook at a scheduled review. S+P’s analysts projected Hungary’s economy would grow 6.1% this year and 5.3% in 2022, acknowledging the country’s effective vaccination rollout and fiscal stimulus.

The finance ministry welcomed the rating action, calling it an acknowledgement of the resilience the Hungarian economy has shown this year.

The ministry cited S+P as saying that Hungary’s rating could be upgraded if economic growth continues to outpace peers’ without engendering overheating or external balances, and if public finances are consolidated more quickly than projected.

• How does this content make you feel?
• I love it
• I like it
• I dislike it

• S+P Rating Stable Outlook

XpatLoop Media Partner

Hungary Matters

Launched in January 2014, this newsletter published on week days covers 'everything you need to know about what’s going on in Hungary and beyond', according to its publisher the state media agency MTI.

Explore More Reports

Subdued Outlook: New Interest Rate Cut by National Bank in Hungary

• 25 Sep 2024 5:46 AM

The Monetary Council of the National Bank of Hungary (NBH) decided to cut the central bank base rate by 25bp to 6.50pc at a monthly policy meeting.



"Cause for Optimism”: GDP up 1.5% in Hungary

• 31 Jul 2024 10:54 AM

Hungarian gross domestic product grew by an annual 1.5% in the second quarter, the Central Statistical Office (KSH) said in a first reading of data. Adjusted for calendar-year effects, GDP grew by 1.3%.



S+P Analysts Expect Transfers of Withheld EU Funding to Hungary Soon

• 11 Dec 2023 1:12 PM

S+P Global Ratings has affirmed Hungary’s investment grade rating in spite of the war and the energy crisis caused by sanctions policies, the Finance Ministry said.



Moody’s Gives Positive Assessment of Hungary’s Return to Path of High Growth

• 4 Sep 2023 7:53 PM

Moody’s has affirmed Hungary’s investment grade rating in spite of the crisis caused by the war and sanctions, the Finance Ministry told MTI.