HomePage Contact Us About Us Advertise with us
Custom Search

Hungary Business News














Hungary 5.6% Inflation Rate


July 2012
The Hungarian statistical office released on July 11, 2012 preliminary data regarding June's inflation.
The inflation in June 2012 increased by 5.6% compared to June 2011 and by 0.1% compared to May 2012.
More info: www.ksh.hu


Hungary's Credit Rating Downgrade


November 2011
Moody's credit rating agency downgraded on November 24 Hungary's credit rating to junk, from previous Baa3 to Ba1 ,with a negative outlook for the Hungarian economy.

Fitch Cuts Hungary's Rating


December 2010
Fitch credit rating agency downgraded on December 23 Hungary's long term foreign currency credit by one notch, from BBB to BBB-, just one level above "junk" status.
The downgrade could harm Hungary's ability to get loans in the international market.
Fitch is worried from the medium term economic plans and describes the government forecast of 5% growth in 2013 as "optimistic".
Fitch's outlook remains negative, joining the two other credit rating agencies.
The Hungarian public debt is about 80% of the GDP the highest among the eastern EU members.







World Business News | Albania Business News | Australia Business News | Austria Business News | Azerbaijan Business News | Belgium Business News | Brazil Business News | Bulgaria Business News | Canada Business News | China Business News | Croatia Business News | Cyprus Business News | Czech republic Business News | Estonia Business News | Europe Business News | Finland Business News | France Business News | Georgia Business News | Germany Business News | Greece Business News | Hong Kong Business News | Hungary Business News | Ireland Business News | India Business News | Israel Business News | Italy Business News | Japan Business News | Latvia Business News | Lithuania Business News | Malta Business News | Mexico Business News | Montenegro Business News | Netherlands Business News | Panama Business News | Poland Business News | Portugal Business News | Qatar Business News | Romania Business News | Russia Business News | Serbia Business News | Singapore Business News | Slovakia Business News | Slovenia Business News | South africa Business News | South Korea Business News | Spain Business News | Sweden Business news | Turkey Business news | UK Business News | Ukraine Business News | US Business News | Vietnam Business News

Go Back

© All copyrights reserved

Hungary Homepage | Security Policy | Terms of Service