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Title: Moody's just downgraded Hungary to Junk Ba1 Post by: Psalm 51:17 on November 24, 2011, 07:01:52 pm Hungary 'Junked' By Moody's 24 November 2011, by Tyler Durden (Zero Hedge) http://www.zerohedge.com/news/hungary-junked-moodys Citing uncertainty over the country's ability to meet 'austerity' targets and its rising susceptibility to external shocks - given its heavy reliance on external investors - Moody's just downgraded Hungary to Junk Ba1 (with a negative outlook). |