Scope expects improved prospects, stronger economic growth and a narrower budget deficit, Varga said.
Scope’s analysts acknowledge the resilience of the Hungarian economy, supported by improved external liability indicators, significant capacity-boosting investments and the favorable structure of state debt, he added.
He noted that three rating agencies had undertaken reviews of Hungary in recent weeks, and all of them had affirmed the country’s investment-grade rating.
Hungary’s sovereign rating is two notches higher than it was ten years earlier, he added.
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