The rating upgrade was driven mainly by the three following factors:

  1. The government debt burden, which now benefits from a lower share of foreign currency denominated debt, will continue to gradually decline;
  2. Structural economic improvements will help sustain positive growth rates of 2-2.5% in coming years, supporting economic strength;
  3. Significant reduction in external vulnerability improves the resilience of Hungary's credit profile to future external shocks.

Find detailed info about Moody’s rating upgrade here.

This reevaluation is very important for increasing the credit worthiness of Hungary, hopefully attracting more foreign investments in the country. Leinonen is ready and waiting to become a reliable partner to all the new foreign companies.

 Read more on our Hungarian webpage.