Moody’s recently has changed its rating of the state of Hungarian economy and it is the last of the big three American agencies that improved their view on Hungarian economy. The negative ratings were seen by many as “punishment” for the illegal turn that the country has took following the election of Victor Orban into the office and was one of pressure methods. A very similar situation was also recently observed in Poland were a more “nationally-minded” was voted in.
- “16 CEE + China” summit in Riga on 5th November 2016
- Victor Orban, Trump’s presidential victory and “illiberal” turn