Hungary Gets Rating Reprieve as Fitch Lifts Outlook on Its Debt

Fitch Ratings moved Hungary to a stable outlook from negative, acknowledging some of Prime Minister Viktor Orban’s efforts to reverse the country’s economic slide.

The rating firm keptBloomberg Terminal the country’s long-term issuer default rating at BBB, the second-lowest investment grade score, according to a statementBloomberg Terminal late on Friday.