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S&P affirms Hungary
Standard & Poor's said it affirmed its A-/A-2 long- and short-term sovereign credit ratings on the Republic of Hungary.
The outlook remains stable.
S&P said the ratings on Hungary are supported by its well-diversified economic and export structures, and levels of wealth and growth prospects in line with the A median.
The ratings remain constrained by high fiscal deficits and debt levels, and the economy's vulnerability to unfavorable external and domestic developments, the agency said.
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