(Bloomberg) -- Hungary's government needs to cut
state spending to boost the prospect of an upgrade in its debt
rating, a Moody's senior credit officer said.
Moody's Investor Service's outlook for the country that had
the European Union's widest budget deficit last year is currently
stable, with the foreign currency rating at A2, five steps from
the top investment grade.
Read more at Bloomberg Emerging Markets News
state spending to boost the prospect of an upgrade in its debt
rating, a Moody's senior credit officer said.
Moody's Investor Service's outlook for the country that had
the European Union's widest budget deficit last year is currently
stable, with the foreign currency rating at A2, five steps from
the top investment grade.
Read more at Bloomberg Emerging Markets News
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