Moody’s: Hungary’s credit profile balances robust growth, gradual fiscal consolidation against elevated public debt

Frankfurt am Main, December 07, 2018 — Hungary’s (Baa3 stable) credit profile is supported by robust growth, the authorities’ commitment to fiscal policies that will keep budget deficits within the 3% of GDP Maastricht threshold, and significantly reduced external vulnerability, which has increased the sovereign’s ability to withstand external shocks, Moody’s Investors Service said in […]