S+P: Stable Outlook in Hungary
- 16 Aug 2021 9:43 AM
- Hungary Matters
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.
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