S&P And Fitch Warn About Cutting Hungary’s Credit Rating To Junk

- Hungary May Be Pushed to Junk Grade This Month on S&P Move (Bloomberg, Nov. 12, 2011): Hungary’s sovereign credit grade may be cut to junk this month after Standard & Poor’s Ratings Services placed the country’s lowest investment grade on “CreditWatch with negative implications.” S&P is likely to make a decision this month on [...] continue reading the breaking news