83 result(s) for upgrade in Business
SCP Raises Hungary Mid-Term Economic Growth Projection
- 30 Apr 2015 9:00 AM
- business
Ratings agency Standard and Poor’s has raised its projection for Hungary’s mid-term GDP growth to 2.5% from 2%. The projection is the same as the government’s official 2.5% forecast for this year.
Hungarian Contractors Could Get Two-Thirds Of Paks Construction
- 23 Apr 2015 9:00 AM
- business
Two-thirds of the construction work involved with the upgrade of Hungary’s Paks nuclear power plant could be done by local companies, Valeriy Limarenko, president of general contractor NIAEP, a unit of Russia’s state-owned nuclear company Rosatom, told journalists in Minsk.
Standard & Poor’s Upgrades Hungary’s Junk Credit Rating
- 23 Mar 2015 8:00 AM
- business
Hungary’s junk credit rating has been upgraded by Standard & Poor’s, which cited the country’s improving growth outlook and its better preparedness to handle unexpected crises. Hungary had lost its investment grade credit rating as far back as 2011. S&P said in a statement Friday that it was raising Hungary’s rating from BB to BB+, one step below investment grade, bringing its assessment in line ...
S&P Upgrades Hungary’s Rating To “BB Plus”
- 23 Mar 2015 8:00 AM
- business
Standard and Poor’s raised Hungary’s credit rating for long-term foreign currency and forint debt by one notch to “BB plus”. The international rating agency said that Hungary’s problems related to its external economic balance had significantly eased over the past few years.
Mihály Varga: High Time For A Credit Rating Upgrade
- 23 Mar 2015 8:00 AM
- business
The country’s situation warrants an upgrade by credit rating agencies, as over the past years Hungary’s current account has posted massive surpluses, general government budget deficit has been below 3 percent for years, economic growth has been picking up and employment shows steady improvement, Minister for National Economy Mihály Varga said at the Hungarian Business Leaders Forum held in ...
Moody’s Places OTP Ratings Under Review For Upgrade
- 19 Mar 2015 8:00 AM
- business
Moody’s Investors Service has placed the long- and short-term local currency deposit ratings of OTP Bank and OTP Mortgage Bank under review for upgrade because of methodological changes, OTP Bank said, citing a release from the ratings agency on Tuesday.
Merrill Sees Hungary's Potential Debt Upgrade
- 20 Jan 2015 8:00 AM
- business
Hungary’s current account surplus, low budget deficit and growth figures support an upgrade of the country’s sovereign debt into the investment category, Merrill Lynch analysts wrote in their latest report on the prospects for Eastern Europe to 2020.
Lázár: Hungary’s Govt In Talks With Erste, Raiffeisen
- 19 Dec 2014 8:00 AM
- business
Hungary’s government is in talks with Austria’s Erste Bank and Raiffeisen Bank on forming a strategic partnership and expanding the state’s portfolio of banks, cabinet chief János Lázár said in an interview published in weekly Figyelő. “Erste has strategic goals in Hungary.
Update: New 10 000 Forint Banknote Now In Circulation
- 4 Dec 2014 12:06 AM
- business
The upgraded 10 000 forint banknote came into circulation from 1 December, and is likely to be widely available for everyday use from 2015. Old 10 000 forint notes will remain legal tender until a decision is made by the National Bank on their withdrawal.
SCP Raises Hungary Mid-Term Economic Growth Projection
- 30 Apr 2015 9:00 AM
- business
Ratings agency Standard and Poor’s has raised its projection for Hungary’s mid-term GDP growth to 2.5% from 2%. The projection is the same as the government’s official 2.5% forecast for this year.
Hungarian Contractors Could Get Two-Thirds Of Paks Construction
- 23 Apr 2015 9:00 AM
- business
Two-thirds of the construction work involved with the upgrade of Hungary’s Paks nuclear power plant could be done by local companies, Valeriy Limarenko, president of general contractor NIAEP, a unit of Russia’s state-owned nuclear company Rosatom, told journalists in Minsk.
Standard & Poor’s Upgrades Hungary’s Junk Credit Rating
- 23 Mar 2015 8:00 AM
- business
Hungary’s junk credit rating has been upgraded by Standard & Poor’s, which cited the country’s improving growth outlook and its better preparedness to handle unexpected crises. Hungary had lost its investment grade credit rating as far back as 2011. S&P said in a statement Friday that it was raising Hungary’s rating from BB to BB+, one step below investment grade, bringing its assessment in line ...
S&P Upgrades Hungary’s Rating To “BB Plus”
- 23 Mar 2015 8:00 AM
- business
Standard and Poor’s raised Hungary’s credit rating for long-term foreign currency and forint debt by one notch to “BB plus”. The international rating agency said that Hungary’s problems related to its external economic balance had significantly eased over the past few years.
Mihály Varga: High Time For A Credit Rating Upgrade
- 23 Mar 2015 8:00 AM
- business
The country’s situation warrants an upgrade by credit rating agencies, as over the past years Hungary’s current account has posted massive surpluses, general government budget deficit has been below 3 percent for years, economic growth has been picking up and employment shows steady improvement, Minister for National Economy Mihály Varga said at the Hungarian Business Leaders Forum held in ...
Moody’s Places OTP Ratings Under Review For Upgrade
- 19 Mar 2015 8:00 AM
- business
Moody’s Investors Service has placed the long- and short-term local currency deposit ratings of OTP Bank and OTP Mortgage Bank under review for upgrade because of methodological changes, OTP Bank said, citing a release from the ratings agency on Tuesday.
Merrill Sees Hungary's Potential Debt Upgrade
- 20 Jan 2015 8:00 AM
- business
Hungary’s current account surplus, low budget deficit and growth figures support an upgrade of the country’s sovereign debt into the investment category, Merrill Lynch analysts wrote in their latest report on the prospects for Eastern Europe to 2020.
Lázár: Hungary’s Govt In Talks With Erste, Raiffeisen
- 19 Dec 2014 8:00 AM
- business
Hungary’s government is in talks with Austria’s Erste Bank and Raiffeisen Bank on forming a strategic partnership and expanding the state’s portfolio of banks, cabinet chief János Lázár said in an interview published in weekly Figyelő. “Erste has strategic goals in Hungary.
Update: New 10 000 Forint Banknote Now In Circulation
- 4 Dec 2014 12:06 AM
- business
The upgraded 10 000 forint banknote came into circulation from 1 December, and is likely to be widely available for everyday use from 2015. Old 10 000 forint notes will remain legal tender until a decision is made by the National Bank on their withdrawal.