These are the three biggest ratings agencies, Moody’s, Standard and Poor’s and Fitch. Under a government decree, securities in Hungary are only considered “qualified” investments if they are termed investor quality by two of the ratings agencies on the list and are listed on a stock exchange in a country on another list compiled by PSzÁF.
Since the decree came into effect in December 2002, no ratings agency has requested inclusion on PSzÁF’s list.
Producing journalism that is worthy of the name is a costly business. For over 30 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
