This is how Mihály Varga reacted to the surprising credit rating step



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On her social side, Mihály Varga responded to Moody’s ad. With a rating unchanged, the international credit rating upgraded Hungary’s debt rating outlook from stable to positive.

The finance minister called the assessment a strengthening of Hungarian economic policy. Moody’s, as stated, believes that Hungary has been more resilient than other states on the continent due to its performance in recent years, and that its economy may continue to grow once the epidemic is over.

Other institutions also maintain the favorable evaluation and the country recommends Moody’s for all important investments in credit rating, emphasized Mihály Varga. Added:

Recognition is also necessary, as any investment here is an important step in the fight against the crisis.

Cover image: MTI / Lajos Soós



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