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S+P Affirms Hungary 'BBB' Rating with Stable Outlook

S+P Affirms Hungary 'BBB' Rating with Stable Outlook

American credit rating agency, S+P Global Ratings affirmed Hungary's 'BBB' sovereign rating with a stable outlook at a scheduled review on Friday.
S+P Global Ratings affirmed Hungary’s ‘BBB’ sovereign rating with a stable outlook at a scheduled review on Friday.

S+P’s analysts projected Hungary’s economy would grow 6.1 percent this year and 5.3 percent in 2022, acknowledging the country’s effective vaccination rollout and fiscal stimulus.
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