Sept. 30 (Bloomberg) -- Hungary has a higher
chance of the outlook on its credit profile being raised to stable from
negative than having its rating cut to junk from the lowest investment
grade, the Debt Management Agency said.
Teams from Standard and Poor’s and Moody’s
Investors Service will visit the country in October to review its
rating, Chief Executive Officer Gyula Pleschinger told a conference in
Pecs, southern Hungary, today. S&P rates Hungary BBB- with a
negative outlook. Moody’s and Fitch Ratings also rate it a step above
junk with negative and stable outlooks, respectively. (source)
