Massive GDP Growth & 2 Upgrades of Sovereign Debt
Good news have been published in the recent weeks about Hungary.
The most general indicator of the economy, GDP increased by 4.9% in 2018. It is double of the average growth of the EU countries.
Two of the three major rating agencies upgraded the risk category of the sovereign debts of Hungary. Both Standard & Poor's and Fitch Ratings improved the ratings by one step. You can read the full commentary of Fitch Ratings here.
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