Tag: fitch

The European Commission's announcement that it will start financial aid talks with Hungary is positive, Fitch Ratings said on Thursday. Nonetheless, the process of securing assistance will be uncertain... 

The European Commission’s decision to give the go-ahead to Hungary starting negotiations on financial assistance with the EU and the IMF can be seen as a positive step, but worries over Hungary remain... 

Fitch Ratings thinks Hungary will set out a credible deficit reduction plan to secure multilateral funding from the EU and IMF this spring. This would likely result in the EU reversing its decision to... 

Central and Eastern Europe’s fiscal financing needs are manageable, but risks remain, Fitch Ratings said in a report published on Wednesday. Hungary’s capacity to obtain market financing on... 

Fitch Ratings downgraded Hungarian banks CIB Bank Zrt's (CIB) and Kereskedelmi és Hitelbank Zrt's (K&H) Long-term Issuer Default Ratings (IDR) to 'BBB' from 'A-' with Negative Outlook and CIB's, K&H's... 

Fitch Ratings has announced on Tuesday that the ratings of Hungarian oil and gas group MOL are unaffected by the downgrade of Hungary's ratings on 6 January. 2012.01.10 12:32Fitch says Hungary will need... 

Hungary is left with no choice but to agree with the IMF/EU on a credit line and it should do so by the end of June, said Paul Rawkins, head of the emerging Europe sovereign ratings group at Fitch Ratings... 

Hungary’s forint first hit a new all-time low at 324 versus the euro then gained six units on Thursday, and its firming momentum has not faded on Friday morning. The appreciation came about over... 

Fitch Ratings has on Friday downgraded Hungary's Long-term foreign and local currency Issuer Default Ratings (IDR) by one notch to 'BB+' and 'BBB-', from 'BBB-' and 'BBB' respectively. The Outlook on the... 

Fitch Ratings has on Friday downgraded Hungary's Long-term foreign and local currency Issuer Default Ratings (IDR) by one notch to 'BB+' and 'BBB-', from 'BBB-' and 'BBB' respectively. The Outlook on the... 

Hungarian government bonds yields rose 25 to 30 bp in Thursday morning trade on news of a S&P downgrade the night before, Portfolio.hu has learned from a trader representing a primary dealer who wished... 

Standard & Poor's has downgraded Hungary's sovereign debt from BBB- to BB+, which means the country now has junk rating. To make matters worse, the rating comes with negative outlook. This means Hungarian... 

(Expands, adds charts) Fitch Ratings has said on Wednesday it was unlikely to change Hungary's credit rating until it has more information on the outcome of the country's talks with the International... 

Fitch Ratings has on Monday affirmed Hungarian oil and gas group MOL’s Long-term foreign and local currency Issuer Default Ratings (IDR) at 'BBB-' with Stable Outlooks and Short-term foreign and... 

Turning its stance around Hungary announced last week that it would start talks with the International Monetary Fund (IMF) on an “insurance-type, precautionary" credit deal. The news came totally... 

Fitch Ratings has said on Friday that the potential agreement of a new IMF programme to support Hungary would be “a positive step and could reduce downward pressure on the sovereign rating." It warned... 

Fitch Ratings has on Monday revised its rating outlook on Hungary’s Kereskedelmi és Hitelbank Zrt's (K&H) to Negative from Stable, and affirmed the bank’s Long-term Issuer Default Rating (IDR)... 

Strandard & Poor’s lowered Hungary's BBB- negative outlook rating to “CreditWatch with negative implications", which means a cut to junk is imminent, expected within the next month, Peter Attard... 

Standard&Poor's Ratings Services on Friday placed its 'BBB-/A-3' foreign and local currency sovereign credit ratings on Hungary on CreditWatch with negative implications. At the same time, it has placed... 

Hungary is now the closest possible to junk grade at Fitch Ratings as the credit rating agency has revised the Outlooks on the country’s Long-term foreign and local currency Issuer Default Ratings...