Fitch Raises Red Flags Over Hungary’s Soaring Budget Deficit
Hungary Today1 newsroom
Picture: Hungary Today
The higher budget deficit target indicates that the Hungarian government is facing significant public finance challenges, Fitch Ratings said in a new assessment presented in London. The international credit rating agency noted that the government has raised its estimate for this year’s deficit, calculated on an ESA basis, to 7.5% of GDP, up from the […] The…