Fitch lowered the rating of Hungary - Fashion - Style - Trendy

Thursday, December 23, 2010

Fitch lowered the rating of Hungary

International credit rating agency Fitch, Hungary's "BBB" long-term credit rating of "BBB-" to put down, the appearance of the "negative" as a set.

Foundation to the statement made by a note indicating the reduction of the country to reflect the deterioration in the medium term budgetary position of the government's medium-term, reliable budget do not take precautions, warning that the case will be made to face a new shout discount.

The statement, note discount deteriorating public finances and high debt ratio will make the country vulnerable to economic shocks to be effective in highlighting the concerns of the government for 2013 Gross Domestic Hasıla'da (GDP) growth target of 5 per cent rate in the "optimistic" evaluation.

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