67 result(s) for sovereign rating
Hungary Downgraded By Moody’s
- 8 Dec 2010 2:00 AM
- current affairs
Hungary’s sovereign credit rating on Monday was reduced to Baa3 from Baa1 by Moody’s Investors Service, according to Bloomberg. Baa3 is the lowest investment grade, and one step away from speculative, or “junk” category. The Hungarian Forint weakened after the announcement.
Fitch May Demote Hungary From BBB
- 29 Nov 2010 1:00 AM
- business
"Fitch might downgrade Hungary because it believes that government plans concerning private pension funds will have negative effects on the sustainability of the budget, director of the credit rating agency David Heslam told news agency Bloomberg.
Fitch Sees Crisis Delaying Eastern European Euro Adoption
- 7 May 2010 5:00 AM
- business
"The global financial crisis has caused a further setback to euro adoption timetables in most EU member states in central and eastern Europe (CEE), owing to a marked widening of budget deficits and higher sovereign bond spreads, Fitch Ratings has said in a new report on Thursday. The exception, in the rating agency’s view, is Estonia, which Fitch expects to join the euro area in January 2011.
Hungary's Forint Drops Sharply Over Greece, Fidesz Flaying C.Bank Chief
- 28 Apr 2010 3:00 AM
- business
"First day after the overwhelming election victory of Hungary’s centre-right Fidesz party, Prime Minister candidate Viktor Orbán has already jumped down the throat of the financial markets regulator (PSZÁF) and the National Bank of Hungary (NBH), especially harshly criticising central bank Governor András Simor. Analysts do not seem to be happy.
Hungary Downgraded By Moody’s
- 8 Dec 2010 2:00 AM
- current affairs
Hungary’s sovereign credit rating on Monday was reduced to Baa3 from Baa1 by Moody’s Investors Service, according to Bloomberg. Baa3 is the lowest investment grade, and one step away from speculative, or “junk” category. The Hungarian Forint weakened after the announcement.
Fitch May Demote Hungary From BBB
- 29 Nov 2010 1:00 AM
- business
"Fitch might downgrade Hungary because it believes that government plans concerning private pension funds will have negative effects on the sustainability of the budget, director of the credit rating agency David Heslam told news agency Bloomberg.
Fitch Sees Crisis Delaying Eastern European Euro Adoption
- 7 May 2010 5:00 AM
- business
"The global financial crisis has caused a further setback to euro adoption timetables in most EU member states in central and eastern Europe (CEE), owing to a marked widening of budget deficits and higher sovereign bond spreads, Fitch Ratings has said in a new report on Thursday. The exception, in the rating agency’s view, is Estonia, which Fitch expects to join the euro area in January 2011.
Hungary's Forint Drops Sharply Over Greece, Fidesz Flaying C.Bank Chief
- 28 Apr 2010 3:00 AM
- business
"First day after the overwhelming election victory of Hungary’s centre-right Fidesz party, Prime Minister candidate Viktor Orbán has already jumped down the throat of the financial markets regulator (PSZÁF) and the National Bank of Hungary (NBH), especially harshly criticising central bank Governor András Simor. Analysts do not seem to be happy.