De rating op Hongaarse staatsschuld wordt ‘under review’ geplaatst bij ratingbureau Moody’s. Momenteel heeft Hongarije een rating BAA1:

  • Decision prompted by increased uncertainty regarding Hungary’s fiscal outlook and economic prospects
  • Also placed Hungar BAA1 foreign currency bank deposit ceiling on review on risk of foreign currency deposits freeze

Frankfurt, July 23, 2010 — Moody’s Investors Service has today placed Hungary’s Baa1 local and foreign currency government bond ratings on review for possible downgrade. Moody’s decision to initiate this review was prompted by the increased uncertainty regarding Hungary’s fiscal outlook and economic prospects. This uncertainty is the result of the recent breakdown of Hungary’s talks with the IMF and EU (after a disagreement over the country’s 2010-11 fiscal deficit targets), which in turn led to a suspension in the next disbursement from the IMF/EU EUR20 billion loan programme for Hungary. In a related rating action, Moody’s also placed Hungary’s Baa1 foreign currency bank deposit ceiling on review for possible downgrade. This ceiling reflects the risk that the Hungarian government would freeze foreign currency deposits to conserve scarce foreign currency resources during a crisis. The outlook on Hungary’s Aa2 country ceiling for foreign currency debt remains stable. This is generally the highest rating attainable by an issuer of foreign currency debt domiciled in the country. Moody’s also placed the Baa1 foreign currency government bond rating of the National Bank of Hungary (NBH) on review for possible downgrade.