S+P Global Ratings on Friday upgraded Hungary’s sovereign rating to ‘BBB’, two notches over the investment grade threshold, with a ‘stable’ outlook. S+P Global Ratings raised its long- and short-term foreign and local currency sovereign credit ratings on Hungary to ‘BBB/A-2’ from ‘BBB-/A-3’, the ratings agency said late in the evening, local time. “The upgrade … Continue reading S+P Upgrades Hungary to ‘BBB’; Outlook ‘Stable’