For the past year, many analysts have been anticipating that the big rating agencies will upgrade the status of Hungary’s sovereign debt, from junk level to investment grade. Now most analysts say that early this year Hungary should receive its long-awaited credit upgrade, which would help Hungary raise debt on the bond market and also encourage investment in business here.
According to state news agency MTI, the dates for the big ratings agencies to release their reports on Hungary’s debt are as follows:
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