Budapest's credit rating falls to 'junk' as funding row with Orbán government deepens
The City of Budapest has been downgraded to "junk" rating by Moody’s and placed on review for further cuts, a move that could increase borrowing costs as the liberal mayor led capital butts heads with the PM.
The City of Budapest has been downgraded to "junk" rating by Moody’s and placed on review for further cuts, a move that could increase borrowing costs as the liberal mayor led capital butts heads with the PM.
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