Strong track record of economic growth driven by substantial investments and an improving external position support the rating. High public debt and fiscal deficits, uncertainty about EU fund inflows, and vulnerabilities to external shocks are challenges.

The periodic review has resulted in no rating action.

The ratings are supported by a robust track record of economic growth driven by substantial investments. Weak governance metrics and high public debt are credit constraints.

Monitoring review announcement.

Deteriorating economic prospects amid weaker policy predictability and governance challenges drive the downgrade. High investment and a resilient debt profile against external shocks are key credit strengths.

A weakening growth outlook due to external risks and ongoing institutional challenges drive the Outlook revision. High investment and a resilient debt profile against external shocks support the rating.

Monitoring review announcement

The ratings are supported by robust growth, high investment and increased resilience against external shocks. High public debt, long-term risks to competitiveness and political headwinds with the EU are challenges.

Scope has taken no action on Hungary following a monitoring review

Scope has taken no action on the Republic of Hungary following a monitoring review