S&P cites fiscal risks for Hungary and Romania outlooks
S&P warns that fiscal pressures from energy costs and defense weigh on Hungary and Romania. Political instability complicates budget consolidation efforts.
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Insights:
Xurve View
S&P Global Ratings warned on May 6 that fiscal risks are straining credit ratings for Hungary and Romania. The agency recently downgraded Slovakia as energy shocks and high defense spending pressure Central and Eastern European budgets. Investors face rising sovereign risk as political instability in Bucharest threatens deficit reduction targets through 2027.
