Fitch Warns of Hungary’s Soaring Budget Deficit

Fitch Raises Red Flags Over Hungary’s Soaring Budget Deficit

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 post Fitch Raises Red Flags Over Hungary’s Soaring Budget Deficit appeared first on Hungary Today.

By MTI-Hungary Today