Unexpected move by the credit rating agency
Downgrades also on the horizon
Reduction of EU funds in next MFF would be credit negative
JCRA has been holding a positive outlook on Hungary since 2017
Unexpected praise
High investments, lower debt given as main reasons
Quantitative easing has distorted the market.
The credit rating agency reacted to OTP's EUR 500 mn bond issue.
Good at one thing, poor at another.
Outlook Stable. 2nd rating "surprise" in one week.
Credit rating review on the horizon.
After raising sovereign ratings on Hungary last Friday.
The analyst who upgraded Hungary gives interview to Portfolio.
A widely expected but most welcome change, nonetheless.
Standard & Poor's rating review coming right up.
If only that still-elevated public debt was not there...
Rating agency caused some disappointment a fortnight ago.
Central bank strongly expects upgrade